Question
A newscaster earns an annual salary of $33,500. They want to invest 10% of their monthly paycheck in order to save for retirement in 43
A newscaster earns an annual salary of $33,500. They want to invest 10% of their monthly paycheck in order to save for retirement in 43 years. If they invest this money at 5.7% compounded monthly, how much money will they have at retirement?
What will be the amount in the account after 43 years? Round your answer to the nearest cent.
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
