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e following information how much saving would you have at retirement if you invest your saving at 9. 5% APR compounded monthly? You have an average income of $59,845 per year over the 31 years of your employment You invest 4% of your wages each month into your savings Your employer matches your contributions to yo

e following information how much saving would you have at retirement if you invest your saving at 9. 5% APR compounded monthly? You have an average income of $59,845 per year over the 31 years of your employment You invest 4% of your wages each month into your savings Your employer matches your contributions to yo

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter4: Managing Your Cash And Savings
Section: Chapter Questions
Problem 7FPE: Calculating interest earned and future value of savings account. If you put 6,000 in a savings...
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7.Given the following information how much saving would you have at retirement if you invest your saving at 9. 5% APR compounded monthly? You have an average income of $59,845 per year over the 31 years of your employment You invest 4% of your wages each month into your savings Your employer matches your contributions to your savings

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