You have three choices of retirement plans

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Reference no: EM131525209

You have three choices of retirement plans: a) $1 million at the end of 20 years, b) $1,500 at the end of each month for 20 years, or c) $23,000 at the end of each year for 20 years. Assuming you can earn 8% interest, which one should you choose? Need calculations in excel and/or financial calculator.

Reference no: EM131525209

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