Question: Question 9 2 points Save Answer invest today If Arnie would like to receive $2,500 monthly payments at the end of each month, for the

Question 9 2 points Save Answer invest today If Arnie would

Question 9 2 points Save Answer invest today If Arnie would like to receive $2,500 monthly payments at the end of each month, for the next 25 years, and would like to have $50,000 left at the end, how much would he need assuming he could earn 6.1% compounded monthly? Show the values you inputted for each variable on your calculator, or the Excel function, and express your final answer rounded to 0 decimal places and without a comma (eg. 325000 not 325,000)

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