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Forty years ago, you had a balance of $10,000 in your retirement account. Today, after making annual contributions for 40 years, you have $1,000,000 in
Forty years ago, you had a balance of $10,000 in your retirement account. Today, after making annual contributions for 40 years, you have $1,000,000 in the same account. If the account earned an annual interest of 8%, how much did you contribute to the account each year? $1,139.27 $3,821.56 $2,797.74 $3,021.56
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