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Mathematics, 22.05.2020 23:02 jacob12049

Jesse wants to have $500,000 in his IRA when he retires in 40 years. He is able to invest in an IRA that will yield 2% compounded monthly. How much will Jesse need to invest into his IRA each month to reach his goal? A $ 374.69 B $ 436.72 C $ 556.69 D $ 680.79

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Jesse wants to have $500,000 in his IRA when he retires in 40 years. He is able to invest in an IRA...
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