SOLUTION: Your goal is to retire with $500,000. If you have realized $75,250 from selling off your
tech portfolio and have invested it in government bonds that yield 4.75% annually, what
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-> SOLUTION: Your goal is to retire with $500,000. If you have realized $75,250 from selling off your
tech portfolio and have invested it in government bonds that yield 4.75% annually, what
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Question 667757: Your goal is to retire with $500,000. If you have realized $75,250 from selling off your
tech portfolio and have invested it in government bonds that yield 4.75% annually, what
is the closest number of years until you can retire? Answer by mananth(16949) (Show Source):
You can put this solution on YOUR website! Principal P = 75250
Amount= 500000
n= number of periods
compounded (t) 1
Rate = 4.25 0
n = ln(FV / PV) / ln(1 + r) (r/q))
