You are 25 years old and need to have 1000000 in savings, Finance Basics

You are 25 years old and need to have 1000000 in savings

You are 25 years old and need to have $1,000,000 in savings before you retire at age 75. You estimate you will receive an annual return of 8% on your investment.

b. How much do you need to put into retirement savings on an annual basis if you get an annual return of 10%?

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Finance Basics: You are 25 years old and need to have 1000000 in savings

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Finance Basics: You are 25 years old and need to have 1000000 in savings

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