Recent content by jdulude

I appreciate the help but I have to go to the math lab, because there is something I am missing here and I need someone to just show me where I am going wrong. thanks for the help anyways.

A=1333332.42

I can't find a question in the book to help with this problem the formula I am using is A[(1-(1+k)^(-n))/k]

You have just turned 24, and you intend to start saving for your retirement. You plan to retire in 42 years when you turn 66. During your retirement you would like to have an annual income of $120,000 per year for the next 28 years (until age 94). -Calculate how much has to be in your account...