Question
You are to make monthly deposits of $600 into a retirement account that pays an APR of 11.3 percent compounded monthly. If your first deposit
You are to make monthly deposits of $600 into a retirement account that pays an APR of 11.3 percent compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 33 years? Retirement account value in 33 years?
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
