You’ve decided that you want $1,000,000 in your investment account when you retire 25 years from...

You’ve decided that you want $1,000,000 in your investment account when you retire 25 years from today. If you already have $100,000 in the account, and it earns a nominal rate of 8% per year, compounded quarterly, how much money will you have to deposit into that account per year in order to reach your goal?

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jeff jeffy answered 1 week ago

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