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Author Question: Find the value of a retirement savings account with a monthly contribution of $50 (contributions ... (Read 621 times)

abarnes

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Question 1

Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 6.0% (compounded monthly) after years. Round your answer to the nearest cent.
◦ $190,081.91
◦ $177,777.83
◦ $177,135.09
◦ $168,912.35
◦ $183,482.05

Question 2

Find the value of a retirement savings account with a monthly contribution of $50 (contributions made at the end of each month, including the last month), and an APR of 4.8% (compounded monthly) after years. Round your answer to the nearest cent.
◦ $138,420.00
◦ $147,307.35
◦ $134,013.40
◦ $137,058.22
◦ $142,078.50


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Marked as best answer by abarnes on May 5, 2020

brittiany.barnes

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abarnes

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Reply 2 on: May 5, 2020
Excellent


mohan

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Reply 3 on: Yesterday
Wow, this really help

 

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