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zhuklara [117]
4 years ago
15

At age 35 you start saving for retirement. If your investment plan pays an APR of 6% and you want to have $1.5 million when you

retire in 30 years, how much should you deposit monthly? Assume an ordinary annuity.
Mathematics
1 answer:
Alisiya [41]4 years ago
8 0
<span>I would suggest you deposit $1,493.26 monthly</span>
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<u><em></em></u>

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Explanation:

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