Question

1. You plan to retire in 33 years and can invest to earn 18%. You estimate...

1. You plan to retire in 33 years and can invest to earn 18%. You estimate that you will need Rs 1,000,000 at the end of each year for an estimated 18 years after retirement, and you expect to earn 5% during those retirement years. How much do you need to set aside at the end of each year to accumulate the money needed for your retirement? 


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I have answered the question below using excel and have attached the image below.

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