What real amount must you deposit each year to achieve your
You want to have $5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 12 percent and the inflation rate is 5 percent.
What real amount must you deposit each year to achieve your goal?
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you want to have 5 million in real dollars in an account when you retire in 40 years the nominal return on your
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