John wants to have 3 million in his retirement account when, Ask an Expert

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John wants to have $3 million in his retirement account when he retires in exactly 30 years. He plan to invest at the end of each quarter, but he won't save anything over the first five years. How much must John invest in each quarter if he earns 8% annually with quarterly compounding?

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Financial Management, Finance

Category:- Financial Management
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