Jennifer is the owner of a video game and entertainment software retail store. She is currently...
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Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years and wishes to withdraw $14,000/month for 20 years from her retirement account starting at that time. How must she contribute each month for 30 years into a retirement account earning interest at the rate of 2%/year compounded monthly to meet her retirement goal? (Round your answer to the nearest cent.) 2533.15 Submit Answer Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years and wishes to withdraw $14,000/month for 20 years from her retirement account starting at that time. How must she contribute each month for 30 years into a retirement account earning interest at the rate of 2%/year compounded monthly to meet her retirement goal? (Round your answer to the nearest cent.) 2533.15 Submit Answer
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