asked 121k views
3 votes
Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she will need to have $1,000,000 in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn 6% annually. How much must she deposit into her account at the end of each of the next 40 years to meet her retirement savings goal

asked
User Bigtlb
by
7.3k points

1 Answer

6 votes

Answer:

I think 25000

Explanation:

answered
User Achref Gassoumi
by
7.9k points
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