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Score: 0 of 1 pt 4.C.24 Use the savings plan formula to answer the following question At age 39. you start saving for retirement. If
Score: 0 of 1 pt 4.C.24 Use the savings plan formula to answer the following question At age 39. you start saving for retirement. If your investment plan pays an APR of 5% and you want to have $0.8 milion when you retire in 26 years, how much should you deposit monthly? You should invest $ each month. (Do not round until the final answer. Then round to two decimal places as needed.) Score: 0 of 1 pt 4.C.29 Compute the total and annual returns on the described investment Five years after buying 100 shares of XYZ stock for $80 per share, you sell the stock for $12,400. % The total return is (Do not round until the final answer. Then round to one decimal place as needed.)
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