Your objective is to save 1 million by retirement age of 65


Your objective is to save $1 million by retirement age of 65 yrs. The annual compound interest rate is 6%.

A. How much per year would a 25 yr. old person need to save?

B. How much per year would a 40 yr. old person need to save?

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Financial Management: Your objective is to save 1 million by retirement age of 65
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