Question

if interest rates stay at 6% apr and I continue to make my monthly $25 deposit into my retirement plan I should have at least $20,000 saved when I retire in 35 years

Answer 1

Answer:if its a true or false its false correct

answer is: 11,130$

Explanation:

as you can see we have been given 25$+6% which will equal to 26.5$ we

have been given by months. and there is 420 months in 35 years which has been

given to us in the question. 26.5$ × 420=11,130$

so the answer is 11,130$