Assume you are currently earning 80000 per year and will, Financial Management

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Assume you are currently earning 80000 per year and will

Assume you are currently earning $80,000 per year and will retire in 20 years. If you feel you can live on 80% of your salary during retirement and you further assume you will live for 25 years after you retire, how much of a lump sum must you have in 20 years when you retire to meet these goals?

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Financial Management: Assume you are currently earning 80000 per year and will

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