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DENIUS [597]
3 years ago
11

If Grace were to invest 1000 at age 25 and not withdrawl any money until retirement at age 67 calculate the expected value of he

r investment. Show your calculations
Mathematics
1 answer:
alukav5142 [94]3 years ago
4 0

Answer:

9.25% monthly

.095/12 = .0079167

so every month multiply by

1.0079167

y = 1,000 (1.0079167)^(12x)

now just activate your calculator :)

Step-by-step explanation:

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Step-by-step explanation:

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