Mathematics, 24.02.2020 18:09, tae8002001
A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals the interest rate she earns on her $459,000 of savings, how much can she spend in real terms each year over the rest of her life?
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A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equ...
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