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13 Nov 2019
Suppose you want to have $400,000 monthly. for retirement in 30 years. Your account earns 6% interest, compounded monthly. a) How much would you need to deposit in the account at the end of each month? $ b) How much interest will you earn? $
Suppose you want to have $400,000 monthly. for retirement in 30 years. Your account earns 6% interest, compounded monthly. a) How much would you need to deposit in the account at the end of each month? $ b) How much interest will you earn? $
Deanna HettingerLv2
28 Jan 2019