Question
Say that you plan to retire in 13 years. You plan to make monthly contributions of $333 to an investment account that will earn 7.4%
Say that you plan to retire in 13 years. You plan to make monthly contributions of $333 to an investment account that will earn 7.4% interest annually. If your first payment occurs next month, then what is the account balance when you retire? (Round to the nearest dollar)
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
