Contributing $1,500 to his retirement fund at the end of each year beginning at age 18 through

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Contributing $1,500 to his retirement fund at the end of each year beginning at age 18 through age 50, with an average annual return of 12%, how much does Juan have in his retirement account at this time to use toward a possible early. retirement?

a. $346,766.42.

b. $399,987.65.

c. $457,271.58:

d. $541,890.55.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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Question Posted: Sep 19, 2024 02:19 PM

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Contributing $1,500 to his retirement fund at the end of each year beginning at age 18 through

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Fundamentals Of Financial Planning

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