Elementary Algebra
Elementary Algebra
17th Edition
ISBN: 9780998625713
Author: Lynn Marecek, MaryAnne Anthony-Smith
Publisher: OpenStax - Rice University
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Suppose you want to have $400,000 for retirement in 30 years. Your account earns 8% interest.

a) How much would you need to deposit in the account each month?

$



b) How much interest will you earn?

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