You plan to work for 40 years and then retire using a 25-year annuity. You want...

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Question

You plan to work for 40 years and then retire using a 25-year annuity. You want to arrange a retirement income of $4000 per m

business finance

Answer 1

Answer #1

fe -PMT(C2,С3,-С4,-С5,С6) С7 A. C 1 0.006 0.072/12 480 40 12 2 RATE Rate Per Period Total No.of Payments NPER 4 Present Value

Answer 2

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