You will retire after 12 years and currently have $ 50,000 in a savings account that has an interest rate of 15% per annum and $ 100,000 in shares that have a yield (real interest rate) of 10%. If you...

You will retire after 12 years and currently<br>have $ 50,000 in a savings account that has<br>an interest rate of 15% per annum and $<br>100,000 in shares that have a yield (real<br>interest rate) of 10%. If you expected to add $<br>30,000 each year to your stock portfolio, how<br>much money would you have raised in total at<br>the end of 12 years? What will be the interest<br>rate you will receive from this income if you<br>withdraw $ 102,000 annually for 15 years until<br>you retire?<br>

Extracted text: You will retire after 12 years and currently have $ 50,000 in a savings account that has an interest rate of 15% per annum and $ 100,000 in shares that have a yield (real interest rate) of 10%. If you expected to add $ 30,000 each year to your stock portfolio, how much money would you have raised in total at the end of 12 years? What will be the interest rate you will receive from this income if you withdraw $ 102,000 annually for 15 years until you retire?

Jun 11, 2022

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You will retire after 12 years and currently have $ 50,000 in a savings account that has an interest rate of 15% per annum and $ 100,000 in shares that have a yield (real interest rate) of 10%. If you...

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