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Author Question: What should your monthly contribution be if your goal is to have $400,000 in your retirement savings ... (Read 107 times)

scienceeasy

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on: May 5, 2020
What should your monthly contribution be if your goal is to have $400,000 in your retirement savings account after 35 years? Assume the APR is 4.8% compounded monthly and that contributions are made at the end of each month, including the last month. Round your answer to the nearest cent.
◦ $368.02
◦ $390.48
◦ $299.20
◦ $376.21
◦ $347.07
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by scienceeasy on May 5, 2020

Jadwiga9

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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scienceeasy

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)

meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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