Mathematics, 28.04.2021 09:50 maddy121209
1. If you want to save $750,000 for your retirement, you invest your money in a savings account that
has an APR of 5% which is compounded each month. You are 20 years old and planning to retire
at age 65, how much money do you need to deposit into the savings account each month in order
to reach your retirement goal at age 65?
Answers: 1
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