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A woman has $200 deducted from her paycheck at the end of each month and put into a retirement account earning 5% interest compounded monthly.
A woman has $200 deducted from her paycheck at the end of each month and put into a retirement account earning 5% interest compounded monthly. She continues these deposits for 39 years. (a) How much will be account be worth after 39 years? Round your final answer to two decimal places. (b) How much of the future value will be from deposits ? Round your final answer to two decimal places. (c) How much of the future value will be from interest? Round your final answer to two decimal places
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