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Score: 0 of 1 pl P 4-30 (similar to) You are saving for retirement. To live comfortably, you decide you will need to save $3

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Score: 0 of 1 pl P 4-30 (similar to) You are saving for retirement. To live comfortably, you decide you will need to save $3 milion by the time you are 65. Today is your 207 birthday, and you decide, starting today and continuing on every birday up to and including your 65th birthday, that you will put the same amount into a savings account. If the interest rate is 0%, how much must you set aside each year to make sure that you will have 53 million in the count on your 65th birthday? The amount to deposit each year is stround to the nearest dollar)

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