Question
ou have just started a new job and plan to save $4,350 per year for 38 years until you retire. You will make your first
ou have just started a new job and plan to save $4,350 per year for 38 years until you retire. You will make your first deposit in one year. How much will you have when you retire if you earn an annual interest rate of 10.73 percent?
Multiple Choice
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$1,843,339.99
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$1,720,241.63
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$1,814,707.59
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$1,909,173.56
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$1,826,166.01
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
