Question
Assume that you contribute $370 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $740 per
Assume that you contribute $370 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $740 per month for another 25 years. Given a 8 percent interest rate, what is the value of your retirement plan after the 50 years?
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
