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Think about how much money you want to have when you retire. Choose a value between $1,000,000 and $3,000,000. Then, how many years from now

image text in transcribedimage text in transcribed Think about how much money you want to have when you retire. Choose a value between $1,000,000 and $3,000,000. Then, how many years from now do you want to retire: choose a number between 10 years to 45 years. Calculate how much you need to deposit per month in an account that pays 12%, compounded monthly, to accomplish this goal. Then, complete the SAVINGS SCHEDULE below. Note: To answer the questions, think about how many months is 20 years. ANSWER THE FOLLOWING QUESTIONS: 1. How much money do you have after 20 years of investing (your current balance at 20 years)? ANSWER: 2. How much interest did you gain after 20 years

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