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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?
It's not $366,161.87 or 436,004.81
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