9 A couple received an inheritance of 125 000 the year they

Last updated: 12/15/2022

9 A couple received an inheritance of 125 000 the year they turned 46 and invested it in a fund that earns 6 3 compounded monthly If this amount is deferred for 16 years until they retire how much will it provide at the end of each month for the next 20 years after they retire