Suppose you want to have $ 3 0 0 , 0 0 0 for retirement in 2 5 years Your account earns 6 interest How much would you need to deposit in the account each month

Question

Suppose you want to have $ 3 0 0 , 0 0 0 for retirement in 2 5 years  Your account earns 6   interest  How much would you need to deposit in the account each month

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Question

Suppose you want to have $ 3 0 0 , 0 0 0 for retirement in 2 5 years. Your account earns 6 % interest.

Suppose you want to have $ $300, 000$ for retirement in $25$ years. Your account earns $6 %$ interest. How much would you need to deposit in the account each month?

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