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Business, 14.05.2021 01:50 saggirl1209

Debbie is 22. She wants to invest part of her monthly salary in order to have $760,000 when she retires at 66. Suppose that she invests the money in a fund paying interest at an annual rate of 5.4%, compounded continuously. Assume a continuous money flow, then Debbie needs to invest $per month.

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Debbie is 22. She wants to invest part of her monthly salary in order to have $760,000 when she reti...
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