Question
You want to retire exactly 30 years from today with $2,070,000 in your retirement account. If you think you can earn an interest rate of
You want to retire exactly 30 years from today with $2,070,000 in your retirement account. If you think you can earn an interest rate of 10.55 percent compounded monthly, how much must you deposit each month to fund your retirement?
$813.78
$944.62
$5,750.00
$806.68
$868.03
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
