kinsleyrm kinsleyrm

01-05-2024
Mathematics

Answered

At age 27, you start an IRA to save for retirement. You deposit $125 at the end of each month. If you can count on an APR of 5%, compounded monthly, how much total interest (in dollars) will you have earned when you retire at age 68? (Round your answer to the nearest dollar.)

Answer :

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