Question

You want to retire exactly 30 years from today with $2,070,000 in your retirement account. If...

You want to retire exactly 30 years from today with $2,070,000 in your retirement account. If you think you can earn an interest rate of 10.55 percent compounded monthly, how much must you deposit each month to fund your retirement?

$813.78

$944.62

$5,750.00

$806.68

$868.03

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