Mathematics, 12.03.2021 06:20 ellamai16

How much should you deposit at the end of each month into an IRA that pays 7.5% compounded monthly to have $2 million when you retire in 45 years? How much of
the $2 million comes from interest? Round up monthly deposit to the nearest dollar.

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How much should you deposit at the end of each month into an IRA that pays 7.5% compounded monthly to have $2 million when you retire in 45 years? How much of the $2 million comes from interest? Round up monthly deposit to the nearest dollar.

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Another question on Mathematics

How much should you deposit at the end of each month into an IRA that pays 7.5% compounded monthly to have $2 million when you retire in 45 years? How much of
the $2 million comes from interest? Round up monthly deposit to the nearest dollar.