Order the answer to: Assume that you want to retire 30 years from now

Academic Writing business-economics Order the answer to: Assume that you want to retire 30 years from now

business-economics

Order the answer to: Assume that you want to retire 30 years from now

Question Assume that you want to retire 30 years from now with an amount of money that will have the same value (same purchasing power) as $1.5 million today. If you estimate the inflation rate will be 4% per year, how many future (then-current) dollars will you need?
Subject business-economics
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