A 45-year-old person wants to accumulate
$750,000 by age 70. How much will she need to save
each month, starting one month from now, if the interest
rate is 0.5% per month?

a 45 year old person wants to accumulate $750000 by age 70. how much will she need to save each month, starting one month from now, if the interest rate is 0.5% per month?

please help me with understanding the formula and how to use it

ASSUME COMPOUND INTEREST EXCEPT WHERE NOTED

1.At AN INTEREST RATE OF 5%, how much will be accumulated if $17,000 is invested for six years?

2. At AN INTEREST RATE OF 7%, what is the present worth of A $4,000 INVESTMENT MADE FIVE years FROM NOW?

3. how much should be invested each month to accumulate $250,000 in 18 years, IF THE INTEREST RATE IS 3% PER MONTH?

4. At AN 8% annual interest, what will be the accumulated amount at the end of five years if $200 is invested at the end of each year for ten years?

Assume you make monthly deposits of $200 starting one month from now into an account that pays 6% per year, compounded semiannually. If you want to know how much you will have after four years, the value of i you should use in the F/A factor, assuming no interperiod interest, is

A) 6%

B) 12%

C) .5%

D) 3%