Multiple Choice
How much do you need when you retire to provide a $2,500 monthly check that will last for 25 years? Assume that your savings can earn 0.5% a month.
A) $361,526.14
B) $388,017.16
C) $402,766.67
D) $414,008.24
Correct Answer:
Verified
Correct Answer:
Verified
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