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Problem 17 Intro You are 21 years old today. Starting one month from now, if...

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Problem 17 Intro You are 21 years old today. Starting one month from now, if you deposit $400 per month for 32 years into your retirement account which earns 0.7 percent per month, are you a millionaire by age of 53? Part 1 IB Attempt 1/10 for 10 pts. Find out how much money you will have by age of 53. If that number is greater than one million, then you are a millionaire by that age. 0+ decimals Submit Part 2 IB Attempt 1/10 for 10 pts. Find out how many months it takes to reach one million of saving. If the length of time is less than 32 years, then you shold be a millionaire by age of 53. Should give you the same conclusion as in Part 1. 0+ decimals Submit

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