Business, 13.09.2019 03:20 millie54

You have 25 years left until retirement and want to retire with $1.1 million. your salary is paid annually, and you will receive $61,000 at the end of the current year. your salary will increase at 4 percent per year, and you can earn a return of 10 percent on the money you invest. if you save a constant percentage of your salary, what percentage of your salary must you save each year?

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You have 25 years left until retirement and want to retire with $1.1 million. your salary is paid an...

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