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

Author Question: Find the value of a retirement savings account with an annual contribution of $600 (contributions ... (Read 82 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534

Question 1

Find the value of a retirement savings account with an annual contribution of $1800 (contributions made at the end of each year, including the last year), and an APR of 6.6% after 35 years. Round your answer to the nearest cent.
◦ $223,262.44
◦ $228,133.06
◦ $233,121.77
◦ $212,319.94
◦ $244,989.84

Question 2

Find the value of a retirement savings account with an annual contribution of $600 (contributions made at the end of each year, including the last year), and an APR of 6.6% after 40 years. Round your answer to the nearest cent.
◦ $110,898.96
◦ $108,100.43
◦ $105,379.14
◦ $115,835.05
◦ $100,844.67


Related Topics

Need homework help now?

Ask unlimited questions for free

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

cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
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 49% of students answer this correctly




tuffie

  • Member
  • Posts: 534
Reply 2 on: May 5, 2020
:D TYSM


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library