Mathematics, 02.08.2019 01:30, keke1871
You plan to save $600 a month for the next 30 years for retirement. what interest rate would you need to have $1,000,000 at retirement? need to solve for interest rate paying into an annuity using formula p = +r/k)^(nk) -1)/(r/k)) p = payout amount (1,000,000) d = monthly deposit (600) r = interest rate (unknown) k = number of times per year interest is compounded (assumed to be the same as the deposit frequency = 12) n = number of years (30) post steps for this. this is the last question on a set of math homework and i've been able to find no useful info on how to solve this.
Answers: 1
Mathematics, 21.06.2019 23:00, Whitehouse9
During a wright loss challenge your friend goes from 125 pounds to 100 pounds. what was the percent weight loss
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Mathematics, 21.06.2019 23:30, JellalFernandes
Atruck can be rented from company a $50 a day plus $0.60 per mile. company b charges $20 a day plus $0.80 per mile to rent the same truck. find the number of miles in a day at which the rental costs for company a and company b are the same
Answers: 1
You plan to save $600 a month for the next 30 years for retirement. what interest rate would you nee...
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