Question: How much do you have to save at the beginning of each month to have a million dollars if your investments earn an average of

 How much do you have to save at the beginning of

How much do you have to save at the beginning of each month to have a million dollars if your investments earn an average of 9% and your retire in 45 years? Format answer as follows: $XXX.XX

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!