Question: How much does a depositor have to save at the end of every month for 30 years to accumulate $1,000,000 if interest is 6% compounded

How much does a depositor have to save at the end of every month for 30 years to accumulate $1,000,000 if interest is 6% compounded semi- annually? Select one: a. $1,009.61 b. $1,293.98 c. $1,004.65 d. $1,117.27 e. $1,100.00

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