Question
Assume that you contribute $260 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $520 per
Assume that you contribute $260 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $520 per month for another 30 years. Given a 7.2 percent interest rate, what is the value of your retirement plan after the 50 years?
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
