Planning on retiring and buying a house in overdo

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10 years you are planning on retiring and buying a house in Overdo, Florida. the house you are looking art currently costs 100000 and is expected to increase in value each year at a rate of 5 percent. Assuming you can earn 10 percent annually on your investments, how much must you invest at the end of the next 10 years to be able to buy your dream home when you retire?

 

Reference no: EM13781061

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Planning on retiring and buying a house in overdo : 10 years you are planning on retiring and buying a house in Overdo, Florida. the house you are looking art currently costs 100000 and is expected to increase in value each year at a rate of 5 percent. Assuming you can earn 10 percent annually on your..
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