Question: The solution is $610.16. Problem 22.18 You want to accumulate $2,000,000 over the next 30 years. You intend to do this by making deposits of

The solution is $610.16. The solution is $610.16. Problem 22.18 You want to accumulate $2,000,000 over

Problem 22.18 You want to accumulate $2,000,000 over the next 30 years. You intend to do this by making deposits of X into an investment account at the end of each month, for 30 years. The account earns 12% convertible semi-annually. Find

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