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17. Nest egg. You begin working at age 25, and your employer deposits $300 per month into a retirement account that pays an APR of
17. Nest egg. You begin working at age 25, and your employer deposits $300 per month into a retirement account that pays an APR of 6% compounded monthly. You expect to retire at age 65. a. What will be the size of your nest egg at age 65? b. Suppose you are allowed to contribute $100 each month in addition to your employer's contribution. What will be the size of your nest egg at age 65? Compare this with your answer to part a
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