Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
You believe you will need to have saved $440,000 by the time you retire in 40 years in order to live comfortably.
You believe you will need to have saved $440,000 by the time you retire in 40 years in order to live comfortably. If the interest rate is 7% per year, how much must you save each year to meet your retirement goal?
