SOLUTION: How much would you need to deposit in an account at the end of each month in order to have $50,000 in the account in 10 years? Assume the account earns 7% annual interest compounde

Question 1148892: How much would you need to deposit in an account at the end of each month in order to have $50,000 in the account in 10 years? Assume the account earns 7% annual interest compounded monthly.
Answer by ikleyn(52776) (Show Source): You can put this solution on YOUR website!
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20 minutes ago I solved for you a TWIN problem under this link

https://www.algebra.com/algebra/homework/equations/Equations.faq.question.1148888.html

https://www.algebra.com/algebra/homework/equations/Equations.faq.question.1148888.html

Consider it as your TEMPLATE.

Having this template before your eyes, solve the given problem on your own.

    Hey, did you come here to the forum to learn something ?

    Or you expect that I will do your work instead of you ?

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