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ICE Princess25 [194]
4 years ago
15

ken started saving for retirement at age 35 with plans to retire at age 70. He invested an average of $600 per month in various

securities, with an average annual return of 5% adjusted for inflation. Assuming monthly compounding, how much has Kent saved at the start of retirement
Mathematics
1 answer:
lidiya [134]4 years ago
5 0
I'm gonna say (D) that's what I got on my compound interest cal but I'm not sure about the inflation part...
A) $54,192.18
B) $825,655.46
C) $499,355.18
D) $681,655.46
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