Brett is 25 years old and wants to have 15 million in an


Brett is 25 years old and wants to have $1.5 million in an investment account when he reaches age 65. He plans to begin depositing money into an investment account that earns 12%, compounded monthly. How much does he need to deposit into the account each month to meet his goal?

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Financial Management: Brett is 25 years old and wants to have 15 million in an
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