Mr. Agrotis wishes to accumulate $1,000,000 in his bank account so that he can buy his dream house in 30 years. If the interest rate is 12% per year, how much should Mr. Agrotis save at the end of each year in order to achieve this goal?

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To accumulate 1000000 in his bank account in 30 years with an annual interest rate of 12 Mr Agrot... View the full answer