Plan an retirement fund, Bob wants to plan an a retirement

Plan an retirement fund

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Reference no: EM131312894

Bob wants to plan an a retirement fund which allows him to withdraw 30,000 per year from the time he is 61 - 80. He plans to make level (end of) annual deposits X into an account paying AEIR i = 5% from the time he is 25 - 60. Calculate X

Reference no: EM131312894

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Plan an retirement fund : Bob wants to plan an a retirement fund which allows him to withdraw 30,000 per year from the time he is 61 - 80. He plans to make level (end of) annual deposits X into an account paying AEIR i = 5% from the time he is 25 - 60. Calculate X

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