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shepherd shepherd
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Posts: 2986
8 years ago
Jack is 35 years old and is planning to retire at age 65. Based on a variety of factors, he is planning a retirement of 20 years. Jack determines that he will need $20,000 during his 20 years of retirement. If he can invest at 9 percent, how much will he need to save beginning today to reach his goal?
A) $11,428.57        B) $1,339.47      C) $6,086.00      D) $20,000.00
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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Posts: 2938
8 years ago
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shepherd Author
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8 years ago
Exactly what I wanted!
wrote...
8 years ago
Happy to help Slight SmileSlight Smile
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