This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The value of a retirement savings account with a monthly contribution of $150 (contributions made at ... (Read 448 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: May 5, 2020
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
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


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
Reply #1 on: May 5, 2020
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
YES! Correct, THANKS for helping me on my review

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a
Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen
An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we
A healthy diet is made up of well-balanced nutrients. A healthy diet is made up of well-balanced nutrients.
Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ... Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library