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April 26, 2015

Homework Help: math

Posted by Tracy on Saturday, November 23, 2013 at 8:33am.

Saving for retirement by contributing the same amount each month from your 23rd birthday until your 65th birthday, in an account that pays a steady 4% annual interest compounded monthly.

How much will be in your fund at age 65 if you save $100 a month?

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