You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 15 years how much money will you need to invest if your desired yearly income is $40,000? A. $460,000.00 B.$321,631.

asked Jul 15, 2021 71.6k views

4 votes

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3 votes

Answer:

321,621,numbers

Explanation:

Samrockon answered Jul 15, 2021

7.3k points

4 votes

Answer:

The answer is $321,631.08

Explanation:

I just did a test on it. Got it wrong, but it showed me the right answer.

PSpeed answered Jul 19, 2021

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