Withhold from her pay each month to reach her goal

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Reference no: EM13847754

Mary wants to have $300,000 in her account in 12 years. The account earns 6.24% interest. About how much must Mary withhold from her pay each month to reach her goal?

$1,404.95

$1,461.29

$2,083.33

$2,400.00

Reference no: EM13847754

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Withhold from her pay each month to reach her goal : Mary wants to have $300,000 in her account in 12 years. The account earns 6.24% interest. About how much must Mary withhold from her pay each month to reach her goal?

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