JTAYLOR17 JTAYLOR17

27-04-2017
Mathematics

contestada

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.

Respuesta :

angelicgabriel angelicgabriel

06-05-2017

I would suggest you deposit $1,493.26 monthly

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