Question
Assume that you contribute $330 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $660 per
Assume that you contribute $330 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $660 per month for another 25 years. Given a 6.0 percent interest rate, what is the value of your retirement plan after the 40 years?
What is the future value of multiple annuities?
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Shape Up Your Finances
Authors: Ian Birt
2nd Edition
1925716422, 978-1925716429
