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Question 9 (1 point) I start an investment fund today with a deposit of $500.00. My bi-weekly paycheck will also have $200.00 deducted each payday
Question 9 (1 point) I start an investment fund today with a deposit of $500.00. My bi-weekly paycheck will also have $200.00 deducted each payday for the next 35 years and will be deposited into the fund. This fund returns 10.00% APR compounded daily. If I want to accumulate $2,000,000, what additional deposit will I have to make at the end of 4 years to reach my goal? Assume 365 days per year. Bi-weekly means "every two weeks". $40,569 O $16,928 O $14,298 $26,271
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