This topic contains a solution. Click here to go to the answer

Author Question: The value of a retirement savings account with a monthly contribution of $150 (contributions made at ... (Read 132 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
The value of a retirement savings account with a monthly contribution of $150 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after 40 years is $217,308.21. Find the value of this retirement savings account after 50 years. Round your answer to the nearest cent.
◦ $373,894.95
◦ $353,426.76
◦ $364,158.24
◦ $361,438.09
◦ $386,841.38


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meagbuch on May 5, 2020

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




meagbuch

  • Member
  • Posts: 568
Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it


chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library