How much must sara put in the account now

Reference no: EM132077491

Question: Sara wants to have $500, 000 In her savings account when she retires. How much must she put in the account now, if the account pays a fixed interest rate of 8%. to ensure that she has $500, 000 in 20 years' time? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132077491

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