Suppose you want to have $400,000 for retirement in 25 years. Your account earns 8% interest. How much would you need to deposit in the account each month?

Suppose you want to have $400,000 for retirement in 25 years. Your account earns 8% interest. How much would you need to deposit in the account each month?

asked Feb 2, 2021 56.0k views

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