Jack is 48 years old and wants to achieve financial, Financial Management

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Jack is 48 years old and wants to achieve financial

jack is 48 years old and wants to achieve financial independence by the age 66. he estimates that he will need an additional $1000000 to reach his goal.

His average after tax portfolio returns have been 7.5% and he expects this to continue. how much will jack have to save each year to reach his goal?

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Financial Management: Jack is 48 years old and wants to achieve financial

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