Question: Homework: Test Practice Unit 2 - Math of Finance Question 5, Instructor- created question HW Score: 16.67%, 2 of 12 points Points: 0 of 1
Homework: Test Practice Unit 2 - Math of Finance Question 5, Instructor- created question HW Score: 16.67%, 2 of 12 points Points: 0 of 1 Save How much should you deposit at the end of each month into an investment account that pays 7% compounded monthly to have $2 million when you retire in 43 years? How much of the $2 million comes from interest? In order to have $2 million in 43 years, you should deposit each month (Do not round until the final answer Then round up to the nearest dollar) s of the $2 million comes from interest (Use the answer from part a to find this answer Round to the nearest dollar as needed) Calculator Clearwat
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