Francisco wants to have $200,000 accumulated in a retirement account by age 70. If he starts making

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Francisco wants to have $200,000 accumulated in a retirement account by age 70. If he starts making monthly deposits to the plan at age 30 and can count on an interest rate of 4.5%, compounded monthly, how much should he deposit each month in order to accomplish this?
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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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