16) Find the value of a retirement savings account paying an APR of 5.8% after 45 years (contributions made at the end of each year, including the last year) when the annual contribution is $840. Round your answer to the nearest cent. A) $158,587.63 B) $168,624.83 C) $149,099.04 D) $150,293.50 E) $179,245.06
16) Find the value of a retirement savings account paying an APR of 5.8% after 45 years (contributions made at the end of each year, including the last year) when the annual contribution is $840. Round your answer to the nearest cent. A) $158,587.63 B) $168,624.83 C) $149,099.04 D) $150,293.50 E) $179,245.06
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 1E
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