Mathematics
Mathematics, 06.12.2020 04:40, dondre54

How much do you need to invest each month to reach a savings goal of $550,000 at the end of 25 years, if you invest in an annuity that pays 3% interest, compounded monthly? Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.

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Answers: 3

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How much do you need to invest each month to reach a savings goal of $550,000 at the end of 25 years...

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