carla lopez deposits $1,500 a year into her retirement account. if these funds have average earnings of 7 percent over

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

carla lopez deposits $1,500 a year into her retirement account. if these funds have average earnings of 7 percent over

Post by answerhappygod »

carla lopez deposits $1,500 a year into her retirement account. if these funds have average earnings of 7 percent over the 40 years until her retirement, what will be the value of her retirement account? round your discount factor to 3 decimal places and final answer to the nearest whole dollar.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”