emileth111052 emileth111052

07-04-2021
Mathematics

contestada

You want to have $150,000 in your retirement account when you retire in 30 years. Your retirement account earns 7%
interest. How much do you need to deposit each month to meet your retirement goal?
Round your answer to the nearest cent.
Do NOT include the dollar sign.

Respuesta :

Rosiewachter3 Rosiewachter3

14-04-2021

Answer: 123.05

Use annuity formula

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