Tag Archives: Twin sisters

How large would Joanna’s monthly contributions have to be for her to reach her retirement goal at the exact same time as Liz needs to reach her initial goal?

Unit 4 Individual Assignment For this unit, the assignment focuses on working with the formulas that are used to measure risk and return. PROBLEM 1 Twin sisters, Joanna and Liz, received today $44,000 each from their parents for their 24th birthday. They will use this money to start their retirement plans. They both hope to […]