SOLUTION: How much must be placed each month into a retirement account earning 9% compounded monthly if the value of the account is to reach $ 1,000,000 in 35 years?
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Question 1206654: How much must be placed each month into a retirement account earning 9% compounded monthly if the value of the account is to reach $ 1,000,000 in 35 years? Answer by ikleyn(52817) (Show Source):