Francine just turned 45 years old and wants to start a retirement fund. She found an account that pays 3.25% interest co

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answerhappygod
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Francine just turned 45 years old and wants to start a retirement fund. She found an account that pays 3.25% interest co

Post by answerhappygod »

Francine just turned 45 years old and wants to start a
retirement fund. She found an account that pays 3.25% interest
compounded daily. How much money would she need to deposit today to
have a balance of $500,000 when she turn 75 years old without
making any additional deposits?
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