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Author Question: Find the value of a retirement savings account with an annual contribution of $600 (contributions ... (Read 226 times)

tuffie

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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


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Marked as best answer by tuffie on May 5, 2020

cuttiesgirl16

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tuffie

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Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review


Dnite

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Reply 3 on: Yesterday
:D TYSM

 

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