In fifteen years you are planning on retiring to jamaica, Ask an Expert

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In fifteen years, you are planning on retiring to Jamaica. You have your eyes set on a house that currently costs $150,000. You expect the price of the house will increase in value by 5% per year. If you can earn 10% annually on your investments, how much must you invest at the end of each of the next 15 years to be able to afford your dream house at retirement?

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