Question: When your uncle started work on his twenty-first birthday, he decided to invest money each month with the objective of becoming a millionaire by the

When your uncle started work on his twenty-first birthday, he decided

When your uncle started work on his twenty-first birthday, he decided to invest money each month with the objective of becoming a millionaire by the time he reaches age 61 . If he expects his investments to yield 2% per annum, compounded monthly, how much should he invest each month

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