allieflan allieflan
  • 15-11-2022
  • Mathematics
contestada

You expect to retire in 15 years. Ater you retire, you want to be able to withdraw $3,000 from your
account each month for 25 years.
If your account earns 4% interest compounded monthly, how much will you need to deposit each
month until retirement to achieve your retirement goals?

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