Burton Allan
08/20/2024 · Elementary School
Suppose you want to have \( \$ 300,000 \) for retirement in 30 years. Your account earns \( 9 \% \) interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn? \( \$ \)
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Monthly deposit: **\$316.56**
Total interest earned: **\$186,230.40**
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