Question: please no excel and can you write out each step ... thanks so much Question 11 You would like to have $700,000 when you retire
Question 11 You would like to have $700,000 when you retire in 35 years. How much should you invest each quarter if you can earn a rate of 6.4% compounded quarterly? a) How much should you deposit each quarter? $ b) How much total money will you put into the account? $ c) How much total interest will you earn? Question Help: Message instructor
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