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How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years? She expects to earn an average rate of retu…

How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years? She expects to earn an average rate of retu…
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How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years? She expects to earn an average rate of return of 9.75 percent.

asked
User Crafterm
by
7.2k points

1 Answer

5 votes

Answer:

1000000

Step-by-step explanation:

answered
User Mcmaloney
by
8.6k points
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