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show work plz How much should you invest each month in order to have $500,000 if your rate of return is 2.1% compounded monthly and
show work plz
How much should you invest each month in order to have $500,000 if your rate of return is 2.1% compounded monthly and you want to achieve your goal in 40 years? Round your answer to the nearest cent. $ How much should you invest each month in order to have $500,000 if you want to achieve your goal in 20 years? Round your answer to the nearest cent. $ If you deposit the amount you need to achieve your goal in 20 years, how much will your savings be worth after 10 years? Assume that deposits are made at the end of each month. Round your answer to the nearest dollarStep by Step Solution
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