NEED HELP ASAP John is 25 years old and he wants to save $1 million for retirement in 45 years. Assume he
invests in a savings account that earns 1.5% interest compounded monthly. Use the
appropriate formula to determine how much John must invest today to reach his retirement
goal. *

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Ответ:

katiegardner7097

02.09.2021

Mathematics

5,000+5,000= 10000

Step-by-step explanation:

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NEED HELP ASAP John is 25 years old and he wants to save $1 million for retirement in 45 years. Assume he invests in a savings account that earns 1.5% interest compounded monthly. Use the appropriate formula to determine how much John must invest today to reach his retirement goal. *