Jalonbeast Jalonbeast

21-09-2022
Mathematics

contestada

After analyzing his budget, Tyson determines that when he retires in 51 years he
wants to live on $2,250 per month in today's dollars (remember to make this an
ANNUAL number by multiplying by 12). Assume that inflation over that time is an
annualized rate of 4.75%. How much will that be at retirement?

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