Problem $5-27$ Spreadsheet Problem: Future Value of

Multiple Annuities $($LG$5-2)$

Assume that you contribute $$150$ per month to a retirement plan for $20$ years.

Then you can increase the contribution to $$274$ per month for another $20$

years, and finally, $$424$ per month for the last $10$ years. Given a $7$ percent

interest rate, what is the value of your retirement plan after the $50$ years?

Note: Do not round intermediate calculations and round your final answer

to $2$ decimal places.

Value of retirement assets