Forums Homework Help how much do you need to deposit on a monthly basis if the first payment is made in one month

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  • #8476
    ahwriter
    Participant

    You want to have $1 million to use for retirement in 35 years. If you can earn 1% per month, how much do you need to deposit on a monthly basis if the first payment is made in one month?

    #12038
    Anonymous
    Inactive

    $155.60

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