Becky would like to be a millionaire in 20 years. How much would she need to invest

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Becky would like to be a millionaire in 20 years. How much would she need to invest quarterly in a sinking fund paying an 8% interest rate compounded quarterly to accumulate $1,000,000 in 20 years?

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Question Posted: Jan 29, 2019 04:39 AM

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Becky would like to be a millionaire in 20 years. How much would she need to invest

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A Survey of Mathematics with Applications

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