brooooke19
New member
- Joined
- Sep 6, 2022
- Messages
- 2
Someone, please help me solve this!! (I already determined the first three parts of the equation I'm just having trouble determining the last section) and if you could show me how! Thank you kindly
How much should you invest each month in order to have $400,000 if your rate of return is 3% compounded monthly and you want to achieve your goal in 40 years? How much interest will you earn? How much should you invest each month in order to have $400,000 if you want to achieve your goal in 20 years? *** If you deposit the amount you need to achieve your goal in 20 years, how much will your savings be worth after 10 years?***
How much should you invest each month in order to have $400,000 if your rate of return is 3% compounded monthly and you want to achieve your goal in 40 years? How much interest will you earn? How much should you invest each month in order to have $400,000 if you want to achieve your goal in 20 years? *** If you deposit the amount you need to achieve your goal in 20 years, how much will your savings be worth after 10 years?***