Assume Your Goal in Life Is to Retire with 3

question 64

Multiple Choice

Assume your goal in life is to retire with 3 million dollars.How much would you need to save at the end of each year if investment rates average 8% and you have a 14-year work life?

• A) $41,159
• B) $ 123,891
• C) $ 175,706
• D) $ 82,582

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Definitions:

Query Design View

An interface in database management systems where users can visually create and modify queries to extract specific data.

Criteria

Standards or rules by which something can be judged or decisions can be made.

Sort Orders

A method or sequence applied to arrange data or items in a specific order, such as ascending or descending.

Filter By Form

A method in database and spreadsheet software that allows users to filter data by specifying criteria in a form-like interface.