loader  Loading... Please wait...

Question(s) / Instruction(s):

Assume your goal in life is to retire with 1.5 million dollars. How much would you need to save at the end of each year if interest rates average 5% and you have a 25-year work life?

A.            $33,754

B.            $ 24,555                                  

C.            $ 27,798                                  

D.            $ 31,429

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$1.79

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

You Recently Viewed...



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494