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3. How much is the future value of a retirement plan to be obtained in December 2040 if the sum of $ 250 is contributed
3. How much is the future value of a retirement plan to be obtained in December 2040 if the sum of $ 250 is contributed monthly since January 2017 and the plan returns an annual compound interest of 4.8%? Analyze your results and discuss the advantages or disadvantages of this plan.
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
