Khyati B.

asked • 10/21/20

finance question

Assume that you contribute $250 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $500 per month for another 25 years. Given a 9.0 percent interest rate, what is the value of your retirement plan after the 50 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

1 Expert Answer


Marc L. answered • 11/16/20

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