Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Suppose you want to have $800,000 for retirement in 25 years. Your account earns 6.1% interest.
Round all answers to the nearest cent as needed.
a) How much would you need to deposit in the account each month?
b) How much interest will you earn?
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