This preview shows page 1. Sign up to view the full content.
Unformatted text preview: in order to have a retirement income of $50,000 the 1 st year and rising by 2.5%/year after that? Assume John’s retirement funds are invested in several stock and bond mutual funds with an average return of 4% per year....
View Full Document
This note was uploaded on 12/07/2011 for the course CIVL 4111 taught by Professor Moore,l during the Fall '08 term at U. Memphis.
- Fall '08