How much should be accumulated by the beginning

Reference no: EM13297752

Approximately how much should be accumulated by the beginning of retirement to provide a $3,700 monthly check that will last for 25 years, during which time the fund will earn 8% interest with monthly compounding? A $599,400.00 B $479,388.73 C $1,021,200.00 D $441,037.63

Reference no: EM13297752

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