If Hunter has $79,300.00 currently saved, wants to retire in 25
years with $1,010,000.00, and can save $9,990.00 annually for 25
years with his first savings contribution made in 1 year, then what
annual return does he need to earn?( Round the value to 2 decimal
places and Please enter the value only without converting it to a
decimal format. If the answer is 8.55%, enter 8.55 )
If Hunter has $79,300.00 currently saved, wants to retire in 25 years with $1,010,000.00, and can save $9,990.00 annuall
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
If Hunter has $79,300.00 currently saved, wants to retire in 25 years with $1,010,000.00, and can save $9,990.00 annuall
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!