Question
When May retires, she wants to have enough money in an account to be able to take out $3500 per month for 30 years. If
When May retires, she wants to have enough money in an account to be able to take out $3500 per month for 30 years. If the account gives 4% annual interest compounded monthly, how much will May need to have in the account when she retires?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
