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hafiz and co sell retirement plan that offer customer a fixed rate of 6.76 percent compounded monthly on their monthly contribution . Mr. khan a

hafiz and co sell retirement plan that offer customer a fixed rate of 6.76 percent compounded monthly on their monthly contribution . Mr. khan a potential customer has told you that he can make monthly contribution of 250$ starting one month from today for 32 year. How much will he accumulate after 32 years? Assuming that Mr. khan makes all of his contribution at the end of every month, what will be the value of his retirement fund after 32 years?

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