lagosquilichebeatriz lagosquilichebeatriz

15-05-2023
Mathematics

Answered

3. Jess starts a savings account using
a $50,000 life insurance inheritance
when she is 22 years old. Jess wants
to retire when the account has one
million dollars. If the account's
interest rate is 9% compounded
annually, calculate how long it will
take to reach one million dollars. At
what age will Jess retire?

Answer :

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