montellloman13 montellloman13
  • 10-11-2022
  • Mathematics
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You would like to have $650,000 when you retire in 30 years. How much should you invest each quarter if you can earn a rate of 2.9% compounded quarterly?

a) How much should you deposit each quarter?
b) How much total money will you put into the account?
c) How much total interest will you earn?

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