If she saves money every month starting one month from now


Jennifer wants to have $735,000 in an investment account five years from now. The account will pay .58 percent interest per month. If she saves money every month, starting one month from now, how much will she to save each month to reach her goal?

A. $9, 062.07 B. $9, 497.03 C. $9, 838.22 D. $10, 101.03 E. $10, 277.01

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Financial Management: If she saves money every month starting one month from now
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