Question
Future Value of Multiple Annuities Assume that you contribute $270 per month to a retirement plan for 20 years. Then you are able to increase
Future Value of Multiple Annuities Assume that you contribute $270 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $370 per month for another 20 years. Given a 9.5 percent interest rate, what is the value of your retirement plan after 40 years?
A. $1,467,799
B. $203,196
C. $1,538,991
D. $201,600
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
