You want to be a millionaire when you retire in 40 years. ...
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Accounting
| You want to be a millionaire when you retire in 40 years. |
| How much do you have to save each month if you can earn an annual return of 10.9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Savings per month | $ |
| How much do you have to save each month if you wait 10 years before you begin your deposits? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Savings per month | $ |
| How much do you have to save each month if you wait 20 years before you begin your deposits? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Savings per month | $ |
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