In: Finance
How much should you invest each month in order to have $700,000
if your rate of return is 5.9% compounded monthly and you want to
achieve your goal in 40 years?
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How much interest will you earn?
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How much should you invest each month in order to have $700,000 if
you want to achieve your goal in 20 years?
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If you deposit the amount you need to achieve your goal in 20
years, how much will your savings be worth after 10 years?
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