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Unable to undertsand this : Suppose that you want to have $500,000 as a retirement nest egg in 30 years, and you plan to make
Unable to undertsand this :
Suppose that you want to have $500,000 as a retirement nest egg in 30 years, and you plan to make equal monthly deposits to achieve your goal.If you are able to earn 6% (annually) on your savings, how much is monthly deposits have to be?
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