Try Another Version of This Question
You would like to have $550,000 when you retire in 25 years. How much should you invest each quarter if you can earn a rate of 7.3% compounded quarterly?
a) How much should you deposit each quarter?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
$
a) How much should you deposit each quarter?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
$
Get help:
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity