Answer Happy

Posted: **Sat Nov 27, 2021 5:34 pm**

: 19 Marvin S Goal Is To Accumulate 1 000 000 In His Retirement Plan By Making Contributions Of 250 At The End Of Each 1 (13.23 KiB) Viewed 74 times

19. Marvin's goal is to accumulate $1,000,000 in his retirement plan by making contributions of $250 at the end of each month. He expects to earn 10.8% compounded monthly. How long will it take Mary to reach his goal? Round up to the nearest whole year. (4 marks)