At age 19 someone sets up an IRA (individual retirement account) with an APR of 8% At the end of each month he deposits 35 in the accountHow much will the IRA contain when he retires at age 65Compare that amount to the total deposits made over the time period
At age 19 someone sets up an IRA (individual retirement account) with an APR of 8% At the end of each month he deposits 35 in the accountHow much will the IRA contain when he retires at age 65Compare that amount to the total deposits made over the time period
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 16E
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At age 19 someone sets up an IRA (individual retirement account) with an APR of 8% At the end of each month he deposits 35 in the accountHow much will the IRA contain when he retires at age 65Compare that amount to the total deposits made over the time period
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