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answers the following question: 3) Suppose you want to retire at age 65 as a millionaire. If we assume you graduate and get a job
answers the following question:
3) Suppose you want to retire at age 65 as a millionaire. If we assume you graduate and get a job by the time you are 22, how much should your monthly deposits be if you find a savings account with an APR of 6% compounded monthly? 4) If I deposit $1500 into a savings account with an APR of 9% compounded monthly, how many years will it take to be $500,000?
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Get StartedRecommended Textbook for
Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
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