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you will retire in 40 years and can earn 12% a year and decide to contribute $500 annually for 10 years and then make no
you will retire in 40 years and can earn 12% a year and decide to contribute $500 annually for 10 years and then make no more payments. find the final value of your account if you let the deposited money ride for 30 more years, with no intermediate taxes or withdrawals. also what is the pv od the final value of the account (Hint: split the timeline into 10+30 years) Please show your work. Thank you!
A. 262,879 ; 29,450
B. 911,437 ; 19,260
C. 83,610 ; 1,926
D. 262,879 ; 2,825
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