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How much do you need to invest every month to reach a savings goal of $600,000 at the end of 20 years, if you invest in an annuity that pays 3% interest, compounded monthly?

How much do you need to invest every month to reach a savings goal of $600,000 at the end of 20 years, if you invest in an annuity that pays 3% interest, compounded monthly?
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How much do you need to invest every month to reach a savings goal of $600,000 at the end of 20 years, if you invest in an annuity that pays 3% interest, compounded monthly?

User Hnguyen
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1 Answer

1 vote

Answer:1828

Explanation:

User Auzy
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