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zalisa [80]
3 years ago
11

g + Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 26 years an

d anticipate they will need funding for an additional 14 years. They determined that they would have a retirement income of ​$72 comma 000 in​ today's dollars, but they would actually need ​$104 comma 384 in retirement income to meet all of their objectives. Calculate the total amount that Peter and Blair must save if they wish to completely fund their income​ shortfall, assuming a 4 percent inflation rate and a return

Business
1 answer:
tigry1 [53]3 years ago
5 0

Answer:

$3,731.332

Explanation:

Attached is the solution

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Answer: D. 57 years old.

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2 years ago
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