nkll9483 nkll9483
  • 06-03-2020
  • Business
contestada

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?

Respuesta :

kemifola4real kemifola4real
  • 12-03-2020

Answer:

fv =$400,000

r-.08

yr-25=$1280

Explanation:

Answer Link

Otras preguntas

Have you ever had a tension headache and if so, what caused it?
who has written the series of THE SECRETS OF THE DROON and THE COILED VIPER
What is a counterclaim?
How do you solve the area of a square
Who was to blame for the Trojan War? The Greeks, the Trojans, the gods or a specific individual?
How did Chinese culture influence Japanese practices?
The length of a rectangle is 5cm. greater than its width. The perimeter is 58 cm. Find the dimensions of the rectangle.
is 5 and four fifths = 5.8
15=-3(2x-1) How do you solve this problem?
When the water level of a stream or river exceeds its natural banks, it has reached its