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1. Jeff plans to retire with $1,000,000 dollars at the age of 65. He is 25 years old and currently has $10,000 already saved. How
1. Jeff plans to retire with $1,000,000 dollars at the age of 65. He is 25 years old and currently has $10,000 already saved. How much more does he need to save at the end of each year to reach his goal if the interest rate is 5%.
A) $9,265.14
B) $7,695.37
C) $8,278.16
D) $7,328.93
E) $7,883.96
How I use my calculator get the pmt?
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