Business, 13.11.2019 03:31 monnicawilliam

Joe's starting salary as a mechanical engineer is around $100,000. joe is planning to place a total of 6% of his salary each year in the mutual fund. joe expects a 7% salary increase each year for the next 25 years of employment. if the mutual fund will average 8% annual return over the course of his career, what can joe expect at retirement?

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