If you want to have $3,000,000 at retirement in 46 years, how much money must you put in a retirement savings each month? Assume the account pays 8.4% APR compounded monthly.

$324.49

$384.71

$456.34

$541.65

$643.39

A four-year investment requires annual deposits of $300 at the beginning of each year. The deposits earn 9% per year. What is the investments future value? Remember, the deposits are made at the beginning of each year (annuity due).

$1,495.41

$1,459.98

$1,425.22

$1,391.12

$1,357.69

What is the present value of an annuity of $25 to be received each month for 10 years if the discount rate is 6% APR? Remember: assume that payments occur at the end of each period (ordinary annuity) unless told otherwise, and compounding occurs with the same frequency as payments.

$2,251.84

$2,561.87

$2,962.59

$3,489.52

$3,880.17