Question
You are planning to make monthly deposits of $150 into a retirement account that pays 13 percent interest compounded monthly. If your first deposit will
| You are planning to make monthly deposits of $150 into a retirement account that pays 13 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 22 years? |
Multiple Choice
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$2,690,863.46
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$235,450.55
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$213,026.69
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$189,883.81
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$224,238.62
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
