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Mathematics, 22.11.2019 00:31 angelica3752
Ruby is 25 and has a good job at a biotechnology company. she currently has $12,000 in an ira, an important part of her retirement nest egg. she believes her ira will grow at an annual rate of 8 percent, and she plans to leave it untouched until she retires at age 65. ruby estimates that she will need $875,000 in her total retirement nest egg by the time she is 65 in order to have retirement income of $20,000 a year (she expects that social security will pay her an additional $15,000 a year).
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Ruby is 25 and has a good job at a biotechnology company. she currently has $12,000 in an ira, an im...
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