Goofus waits until he is 35 years old to start saving.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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Goofus waits until he is 35 years old to start saving. If he invests $2400 each year at 9.6% compounded annually for 30 years, how much will he have saved?

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