Question
A 25 years old Engineer wants to retire at age 65 with $1,000,000 in his 401k account. If his 401K pays 6% interest per
A 25 years old Engineer wants to retire at age 65 with $1,000,000 in his 401k account. If his 401K pays 6% interest per year, compounded monthly. What amount must be deposited every month for 40 years?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
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