solved : You want to plan your retirement and have decided you want t
You want to plan your retirement and have decided you want the equivilentpurchasing power of $2,750,000 today when you retire. You expect to earn 4.00% per year (market rate) on your investments between now and the time you retire. Question 2 You currently have $805,000 in the bank. How much money per year should you deposit in the bank if you want to retire in 11 years? Inflation rates are expected to average 1.55% per year for the next 11 years.Engineering & TechnologyElectrical EngineeringECON 8060
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