1pts
lois smith wants to retire in california when she is 70
years of age. lois, who is no...
Mathematics, 07.08.2019 02:10 luhmama
1pts
lois smith wants to retire in california when she is 70
years of age. lois, who is now 50, believes she will need
$400,000 to retire comfortably. to date, she has set
aside no retirement money. if she get an interest rate of
8% compounded semiannually, she will have to invest
(blank) today.
o $38,000
$83,320
o $38,320
o none of the above
Answers: 1
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