Mathematics, 30.11.2021 01:50 wonderland12372
You are expected to live until age 90. Assume the rate of inflation is 3%. Find out how much money 75% of $65,000 will need to be worth in 30 years in order to maintain the same purchasing power as today. Considering earnings each year and compounded growth. Show how you reached that number and all of the calculations required.
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You are expected to live until age 90. Assume the rate of inflation is 3%. Find out how much money 7...
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