Jesse wants to have $500,000 in his IRA when he retires in 40 years. He is able to invest in an IRA that will yield 2% compounded monthly. How much will Jesse need to invest into his IRA each month to reach his goal? A $ 374.69 B $ 436.72 C $ 556.69 D $ 680.79

answer: 1,380

step-by-step explanation:

1: you turn %15 into a decimal by moving the decimal point two places to the left.

2: and then you multiply .15 by 1,200 , which will get you 180.00

3: from there you will add 180 to 1,200

4: which will get you 1,380

hope it *im kind of slow so idk if my answer is right*

it is c, trust i got your back lol

step-by-step explanation:

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