FIN 3325- Marshall has calculated that he will need $1,250,000
Question # 00531454
Posted By:
Updated on: 05/22/2017 02:38 AM Due on: 05/22/2017
Marshall has calculated that he will need $1,250,000 in his retirement fund in 40 years when he plans to retire. If Marshall can earn 8% annually over this period, how much does Marshall need to save annually to meet that goal?
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Rating:
/5
Solution: FIN 3325- Marshall has calculated that he will need $1,250,000