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What would you need to deposit into savings monthly

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Based on 17 years until retirement of age 65, present age 48, calculate the monthly savings required to build a portfolio of $500,000. Assume you are starting with zero savings, can earn 6 percent a year, and that you start saving on the first of each month. What if you could earn 9 percent a year but wanted to save $750,000 - what would you need to deposit into savings monthly

Reference no: EM131986913

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