Ross Has Decided That He Wants to Build Enough Retirement

question 35

Multiple Choice

Ross has decided that he wants to build enough retirement wealth that, if invested at 6 percent per year, will provide him with $2,500 monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires. How much money does he need to contribute per month to reach his goal?

• A) $895.95
• B) $902.47
• C) $1,947.88
• D) $2,500.00

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ToUpperCase

A function or method in many programming languages that converts all the letters in a given string to uppercase.

ToLowerCase

A method that converts all the characters in a given string to lower case.

LastIndexOf

A method used to find the last occurrence of a specified value in a string or array, returning the index at which it was found, or -1 if it is not found.

Substring

A portion of a string or sequence of characters within a larger string.