7 3 aviation costs and predictive maintenance 1
August 15, 2020
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August 15, 2020

behavioral finance question

5. Using the saving example in the text (Wendy Chan), calculate the income replacement ratio based on a deferral rate of 10% and an investment return on retirement savings of 3.5%. (All other assumed values remain the same.)

The example starts on page 299 in the textbook attached.

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