An individual wants to have 95000 per year to live on when, Ask an Expert

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An individual wants to have $95,000 per year to live on when she retires in 30 years. The individual is planning on living for 20 years after retirement. If the investor can earn 6% during her retirement years and 10% during her working years, how much should she be saving during her working life? (Hint: Treat all calculations as annuities.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92777580

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