Mathematics, 17.02.2021 01:30 reilly90

Suppose that you’d like to retire in 30 years and want to have a future value of $606,101.25 in a saving account. Also suppose that your employer makes regular
monthly deposits into your retirement account. If you can expect an annual percentage
rate 5% for your account, how much do you need your employer to deposit each
month?

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Suppose that you’d like to retire in 30 years and want to have a future value of $606,101.25 in a s...