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9. (-/7.69 Points] DETAILS TANFIN12 5.3.038 MY NOTES Jennifer is the owner of a video game and entertainment software retail store. She is currently
9. (-/7.69 Points] DETAILS TANFIN12 5.3.038 MY NOTES Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time. How much must khe contribute each month for 30 years into a retirement account earning interest at the rate of 3%/year compounded monthly to meet her retirement goal? (Round your answer to the nearest cent.) Bubmit Answer
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
