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(Solved) Retirement is 50 years away and inflation rate is 3.6%: a. What


Retirement is 50 years away and inflation rate is 3.6%:

a. What will be the real value of $1,000,000 by the time you retire in terms of today?s dollars? 

b. In todays dollars what real annuity will $1,000,000 support if the real interest rate at retirement is 2.6% and the annuity must last for 20 years?

c. In todays dollars what real annuity will $1,000,000 support if the real interest rate at retirement is 2.2% and the annuity must last for 30 years?

 


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Oct 15, 2019

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