How much must you invest now in an account


Problem

How much must you invest now in an account with 8% interest compounded monthly to accumulate $1,000,000 in 30 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much must you invest now in an account
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