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Suppose you want to have $300,000 for retirement in 25 years. Your account earns 8% interest. a) How much would you need to deposit in
Suppose you want to have $300,000 for retirement in 25 years. Your account earns 8% interest.
a) How much would you need to deposit in the account each month?
b) How much interest will you earn?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
