question archive Mary has decided that she wants to build for a retirement wealth that will provide her with $4,600 of monthly income for 2
Mary has decided that she wants to build for a retirement wealth that will provide her with $4,600 of monthly income for 2
Subject:FinancePrice: Bought3
Mary has decided that she wants to build for a retirement wealth that will provide her with $4,600 of monthly income for 2.5 years. To date, she has saved nothing, but she still has 5 years until she retires. The interest rate is 24 percent per year. How much money does she need to contribute per quarter to reach her goal for this retirement plan?
