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Mathematics 21 Online
OpenStudy (bbb911):

I always give medals and make myself a fan! Please help!

OpenStudy (isaidavila):

Ok whats the question

OpenStudy (soprano.h.d0816):

What is your question hun?

OpenStudy (bbb911):

John would like to save $1,500,000 by the time he retires in 30 years and believes he can earn an annual return of 8%. How much does he need to invest each year to achieve his goal?

OpenStudy (anonymous):

another example if it help

OpenStudy (anonymous):

56. Ian would like to save $1,500,000 by the time he retires in 40 years. If he believes that he can achieve a 7% rate of return, how much does he need to deposit each year to achieve his goal? A. $9,692 B. $37,500 C. $5,790 D. $7,514

OpenStudy (anonymous):

the answer is d

OpenStudy (bbb911):

how did u get it?

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