Suppose you want to have $700,000 for retirement in 25 years. Your account earns 7% interest. How much would you need to deposit in the account each month? > Next Question

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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Suppose you want to have $700,000 for retirement in 25 years. Your account earns 7% interest. How
much would you need to deposit in the account each month?
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Transcribed Image Text:Question 5 Suppose you want to have $700,000 for retirement in 25 years. Your account earns 7% interest. How much would you need to deposit in the account each month? 24 > Next Question O Type here to search
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