Mathematics
Mathematics, 06.02.2021 22:10, gamingisfun

Assume that you are starting a retirement annuity that pays 4.5% annual interest compounded monthly. You plan to make equal monthly deposites for 25 years. What is the monthly deposit that will give you an account
worth $1,760,000 in 25 years?
um
Discover
The monthly deposit is $
Round to the nearest cent.

answer
Answers: 1

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Assume that you are starting a retirement annuity that pays 4.5% annual interest compounded monthly....

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