Suppose you save $100 per month the year you graduate (at age 22) and get a...

Suppose you save $100 per month the year you graduate (at age 22) and get a 10% return, roughly how much will it be worth when you retire in your mid 60s.

Group of answer choices

$48,000

$64,000

$77,000

$1200

Expert Solution

The amount he deposited until 38 years will be 45,700.

So option A will be the answer.

Rahul Sunny answered 2 years ago

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Question

Suppose you save $100 per month the year you graduate (at age 22) and get a...

Solutions

Expert Solution

Related Solutions

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