Solution-What real amount must you deposit each year

What real amount must you deposit each year

Reference no: EM132200139

You want to have $1 million in real dollars in an account when you retire in 30 years. The nominal return on your investment is 8 percent and the inflation rate is 4.6 percent.

What real amount must you deposit each year to achieve your goal?

Reference no: EM132200139

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What real amount must you deposit each year

Reference no: EM132200139

Reference no: EM132200139

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