Mathematics, 09.04.2021 19:30, laerica

Kenneth started saving for retirement at age 40 with plans to retire at age 70. He invested an average of $400 per month in various securities, with an average annual return of 7% adjusted for inflation. Assuming monthly compounding, how much has Kenneth saved at the start of retirement. A. $487,988.40

B. $720,421.84

C. $37,784.31

D. $556,559.8

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:00, playboib

Adam drew two same size rectangles and divided them into the same number of equal parts. he shaded 1/3 of one rectangle and 1/4 of the other rectangle. what is the least number of parts into which both rectangles could be divided into?

Answers: 1

continue

Mathematics, 21.06.2019 16:30, VgCarlos2596

What are “like terms”? why can we only add like terms?

Answers: 1

continue

Mathematics, 21.06.2019 18:30, liltay12386

F(x)=x^3+4 question 6 options: the parent function is shifted up 4 units the parent function is shifted down 4 units the parent function is shifted left 4 units the parent function is shifted right 4 units

Answers: 1

continue

Mathematics, 21.06.2019 19:00, Echo009

45 was divided by a power of ten to get 4.5. what power of ten was it divided by? people 4.5

Answers: 3

continue

Do you know the correct answer?

Kenneth started saving for retirement at age 40 with plans to retire at age 70. He invested an avera...