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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

Posted: Thu May 12, 2022 3:49 pm
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?