You want to have 1 million in real dollars in an account
You want to have 1 million in real dollars in an account when you retire in 30 years. The nominal return on your investments 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal?
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you want to have 1 million in real dollars in an account when you retire in 30 years the nominal return on your
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this question basically asks you to compare the net present value npv to the internal rate of return irr on the time
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