Multiple Choice
Gordon and Lisa estimate that they will need approximately $1,300,000 in 40 years for their retirement years.If they can earn 8 percent annually on their funds,how much do they need to save annually?
A) $2,000
B) $3,000
C) $4,000
D) $5,000
E) $10,000
Correct Answer:
Verified
Correct Answer:
Verified
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