Suppose you are currently 18 years old, and you wish to retire at 58. You want to have $1,000,000 when you retire, and you believe the stock market will give you a return of 11% monthly. How much do you need to invest each month?

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Chapter5: The Time Value Of Money
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Suppose you are currently 18 years old, and you wish to retire at 58. You want to have $1,000,000 when you retire, and you believe the stock market will give you a return of 11% monthly. How much do you need to invest each month?

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