Hello! The question is: Investor A puts $1 into his retirement fund at the begin
ID: 3093368 • Letter: H
Question
Hello!The question is: Investor A puts $1 into his retirement fund at the beginningof every period until T-1. Investor B does not make anycontributions to his own retirement fund for the first N years,then tries to catch up for the remaining T-N years. He will makecontributions at t=N, N+1...., T-1 Suppose Investor B wants to have the same amount as Investor Aat the end. What is the annual contribution he has to make. Answeras a function of r, N, and T.
Thanks!
The question is: Investor A puts $1 into his retirement fund at the beginningof every period until T-1. Investor B does not make anycontributions to his own retirement fund for the first N years,then tries to catch up for the remaining T-N years. He will makecontributions at t=N, N+1...., T-1 Suppose Investor B wants to have the same amount as Investor Aat the end. What is the annual contribution he has to make. Answeras a function of r, N, and T.
Thanks!
Explanation / Answer
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