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Author Question: The value of a retirement savings account with a monthly contribution of $150 (contributions made at ... (Read 435 times)

meagbuch

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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


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Marked as best answer by meagbuch on May 5, 2020

ilianabrrr

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meagbuch

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Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it


sultansheikh

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Reply 3 on: Yesterday
Wow, this really help

 

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