Assume the same facts as in previous question except that you
waited 10 years to get started. You still want to have the
goal of $1,000,000 at retirement.
The Formula for Sinking Fund factor is Find A given F (A/F)
at 9 % for 240 payments is:
i/[(1 + i)n - 1]
Where; i = .09/12
and (1 + i)n = 6.00915152447
What amount must you deposit into your savings account
monthly to get you to your goal of $1,000,000 at retirement?
a.	$2,136.37
b.	$1,248.10
c.	$1,497.26
d.	$1,125.82