MY NOTES ASK YOUR TEACHER You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into an account paying 4%, compounded annually. Assuming you are now 25 and can spare $1,800 per year, how much will you have when you retire at age 65? (Round your answer to the nearest cent.) 2$ Need Help? Read It

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
ChapterCSR: Contents Of Student Resources
Section: Chapter Questions
Problem 7.36EP
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MY NOTES
ASK YOUR TEACHER
You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into an account paying 4%,
compounded annually. Assuming you are now 25 and can spare $1,800 per year, how much will you have when you retire at age
65? (Round your answer to the nearest cent.)
$
Need Help?
Read It
Transcribed Image Text:MY NOTES ASK YOUR TEACHER You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into an account paying 4%, compounded annually. Assuming you are now 25 and can spare $1,800 per year, how much will you have when you retire at age 65? (Round your answer to the nearest cent.) $ Need Help? Read It
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