At age 25, you want to set up an ira (individual retirement account) in order to have
$1 milli...
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Mathematics, 04.12.2019 02:31 Gearyjames8
At age 25, you want to set up an ira (individual retirement account) in order to have
$1 million by the time you retire. you anticipate to have an annual rate of return of
7%. if you want to retire at the age of 65 and make regular monthly payments, then
what monthly deposit would you need to make in order to make exactly $1 million by
the time you retire at 65. round your answer to the nearest cent.
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