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2 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.

1 answer:

Alisiya [41]2 years ago

8 0

<span>I would suggest you deposit $1,493.26 monthly</span>

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