Question
Jesse wants to have $1,400,000 in his retirement account 45 years from today. If his account earns an APR of 6% per year, compounded monthly,
Jesse wants to have $1,400,000 in his retirement account 45 years from today. If his account earns an APR of 6% per year, compounded monthly, how much must he deposit each month to achieve his goal?
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
9th Edition
978-0134083285, 134083288, 978-0134084015
