you are 20, will retire at 65 with $1,000,000, earn 8% per year compounded annually, what must you invest today to reach your goal
Added by James J.
Step 1
Step 1: Calculate the number of years until retirement To retire at age 65 when you are currently 20 years old, you have 65 - 20 = 45 years until retirement. Show more…
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