- A Your Dad Shared With You That He Has A Total Of 250 000 In His Retirement Account 20 Years Ago The Blation Rate Has 1 (136.91 KiB) Viewed 18 times
a Your dad shared with you that he has a total of $250,000 in his retirement account 20 years ago. The blation rate has
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a Your dad shared with you that he has a total of $250,000 in his retirement account 20 years ago. The blation rate has
a Your dad shared with you that he has a total of $250,000 in his retirement account 20 years ago. The blation rate has averaged 4% per year over the intervening years. a) What is the required amount of increase in the account total in order to have the same purchasing power as 20 years ago? b) If the investor's average return has been the market value of 10% per year, what is the total amount in the account now? What has been the dollar amount increase over the span of 20 your c) If the safe investment has averaged a real rate of 3.5% per year, how much boxe this rate as the retirement account has made in terms of real rate?