Posted by **dana** on Sunday, November 7, 2010 at 8:00pm.

At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a mutual fund that pays 6.9% interest compounded monthly. From then on she deposits $300 in the mutual fund at the end of each month. How much is in the account when she reaches age 65?

- Math -
**Anonymous**, Thursday, November 18, 2010 at 10:53pm
SCREW MATH

- Math -
**Anonymous**, Sunday, January 25, 2015 at 9:27pm
980066.56

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