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You would like to have $500,000 when you retire in 30 years. How much should you invest each quarter if you can earn a rate of 7.8% compounded quarterly?
a) How much should you deposit each quarter?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
$
a) How much should you deposit each quarter?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
$
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Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
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