[Solved] Suppose you want to have $700,000 for ret

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Suppose you want to have $700,000 for retirement in 20 years. Your account earns 6% annual interest compounded monthly. a) How much would you need

Suppose you want to have $700,000 for retirement in 20 years. Your account earns 6% annual interest compounded monthly. a) How much would you need to deposit in the account at the end of each month? $Incorrect b) How much interest will you earn?

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