Question: 1. How much would Sydney need to save per month to have $1,000,000 in an account earning 8% in 40 years? A - 401 B

1. How much would Sydney need to save per month to have $1,000,000 in an account earning 8% in 40 years?

A - 401

B - 41,198

C - 286

D - 5,058

2. Will wants to retire a millionaire. How much must he save monthly to have $1,000,000 when he retires in 47 years if he earns 8% annually?

A - 177

B - 161

C - 1,101

D - 2,208

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