John and Diane need to have $397,000,00 available for retirement. How much will they have to invest every month into an account earning an annual interest rate of 4.42% compounded monthly if they...


John and Diane need to have $397,000,00 available for retirement. How much will they have to invest every month into<br>an account earning an annual interest rate of 4.42% compounded monthly if they invest for 10 years? If they invest for<br>12 years? If they invest for 24 years?<br>After 10 years?<br>After 12 years?<br>After 24 years?<br>(Note: Include a dollar sign in your answers. Round your answers to the nearest penny.)<br>

Extracted text: John and Diane need to have $397,000,00 available for retirement. How much will they have to invest every month into an account earning an annual interest rate of 4.42% compounded monthly if they invest for 10 years? If they invest for 12 years? If they invest for 24 years? After 10 years? After 12 years? After 24 years? (Note: Include a dollar sign in your answers. Round your answers to the nearest penny.)

Jun 07, 2022
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