Joanne starts to save at age 20 for a vacation home that she wants to buy for her 50th birthday. she will contribute $3000 each year to an account, which earns 2.4% annual inter…

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asked May 26, 2018 187 views

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Jmcopeland · Answer 1 · 2018-05-28T19:52:19+0000

Answer:saved $1,587,473.00 by the time she turns 50 years old. That is enough for her when she is ready to purchase her vacation home.

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Marvel Moe · Answer 2 · 2018-05-30T11:06:20+0000

In the problem provided above Joanne is expected to have saved $1,587,473.00 by the time she turns 50 years old. That is enough for her when she is ready to purchase her vacation home.

Joanne starts to save at age 20 for a vacation home that she wants to buy for her 50th birthday. she will contribute $3000 each year to an account, which earns 2.4% annual inter…

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