Question: Using the information below, answer the following questions for Mike using excel: Retirement Income Need: 1,000,000 Years Until Retirement: 30 If Mike can only find

Using the information below, answer the following questions for Mike using excel: Retirement Income Need: 1,000,000 Years Until Retirement: 30

If Mike can only find an annual return of 8% compounded on a monthly basis and can only deposit $400 every month, how much will he have once he retires?

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