Question

Assume that you are now 20 years old. You would like to retire at age 60...

Assume that you are now 20 years old. You would like to retire at age 60 and have a retirement fund of $6,000,000 at the time of your retirement. You have already $10,000 at age 20 in the retirement account. You expect to earn 6% per year. The amount of money you must set aside each month to reach your retirement goal is ?

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Answer #1

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SOLVED WITH BA II PLUS CALCULATOR

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