Examlex

Solved

Mr Hopper Is Expected to Retire in 30 Years and He

question 68

Multiple Choice

Mr. Hopper is expected to retire in 30 years and he wishes accumulate $1,000,000 in his retirement fund by that time. If the interest rate is 12% per year, how much should Mr. Hopper put into the retirement fund each year in order to achieve this goal?


Definitions:

Related Questions