Jim would like to retire in 35 years once he retires he, Ask an Expert

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Jim would like to retire in 35 years. Once he retires, he would like to have 120,000 at the end of each year until the day he passes away (30 yrs. after retirement). He believes he can earn a 7% return on his investment. Starting next year how much money does he need to place aside each year so that he can reach his retirement goals?

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Financial Management, Finance

Category:- Financial Management
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