Mathematics, 19.02.2021 08:00, tsbrunson13
A new retirement account is just opened. You plan on putting into it an average of $ 275 per month for 35 years at an average yearly rate of return of 7.35%. What are the total value V of this account at the end of the 35 years, the total amount A put into the account over 35 years and the total interest Ireceived in the 35 years?
Possible Answers:
A) V = $ 541,901.94, A = $ 115,500.00, I = $ 426,401.94
B) V = $ 521,901.94, A = $ 115,500.00, I = $ 406,401.94
C) V = $ 561,901.94, A = $ 115,500.00, I = $ 446,401.94
Answers: 3
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A new retirement account is just opened. You plan on putting into it an average of $ 275 per month f...
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