Ask Question
6 June, 08:12

Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she will need to have $1,000,000 in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn 6% annually. How much must she deposit into her account at the end of each of the next 40 years to meet her retirement savings goal

+3
Answers (1)
  1. 6 June, 11:04
    0
    I think 25000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she will need to have $1,000,000 in ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers