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Ad libitum [116K]

3 years ago

7

You are planning to make monthly deposits of $500 into a retirement account that pays 6 percent interest compounded monthly. If

your first deposit will be made one month from now, how large will your retirement account be in 40 years

1 answer:

liberstina [14]3 years ago

7 0

Answer:

$995,745

Explanation:

PV = $0

PMT = $500

I/YR = 6

P/YR = 12

N = 40 x 12 = 480

your retirement account be in 40 years will be $995,745

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Answer:

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3 years ago

In circumstances in which there is a labor union, employees may have to

nadya68 [22]

Answer:

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