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(b) Candice is 29 years old today and she wishes to accumulate $2,454,000 by her 60th birthday so she can retire to a ski lodge
(b) Candice is 29 years old today and she wishes to accumulate $2,454,000 by her 60th birthday so she can retire to a ski lodge in Colorado. She wishes to accumulate this amount by making equal deposits on her 29 th through her 59 th birthdays. What annual deposit must Candice make if the fund will earn 8% interest compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Annual deposit $ Save for Later Attempts: 0 of 1 used Submit
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