Perkins has opened a new investment account and is starting, Ask an Expert

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Perkins has opened a new investment account and is starting to save for retirement. At the end of every year, he will deposit $5000 into the account. The expected return on the account is 8.8% per year. Perkin awants to retire when he has $1 million in the account. How long will it take him to reach his financial goal?

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Financial Management, Finance

Category:- Financial Management
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