Question
You open a retirement savings account where you deposit $300 per month in an account earning 8% interest (compounded monthly). You plan to retire in
You open a retirement savings account where you deposit $300 per month in an account earning 8% interest (compounded monthly). You plan to retire in 30 years. How much will have in the account when you retire?
A. $447,107
B. $411,367
C. $499,998
D. $543,787
E. $528,235
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Choose Wisely
Authors: Eliot Dylan Marr
1st Edition
1498416365, 978-1498416368
