Answer to Question #112666 in Finance for fabiola

Question #112666
VII- Your couple and you have decided to put aside $7,500 a year for retirement. Assuming that you can earn 9% interest on your investment, what would be the total amount in your account after 32 years?
1
Expert's answer
2020-04-29T08:48:20-0400

Future Value of ordinary annuity =

=

= 1230277.40


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