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how much money will be in Taylor's retirement count if she continues to make the same monthly investment for 20 years

how much money will be in Taylor's retirement count if she continues to make the same-example-1
User Kbpontius
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\begin{gathered} P=\text{ \$}1,055,\text{ an}nuity \\ i=5.25\text{ \% monthly= 0.0525} \\ t=20\text{ years, but 1 year has 12 months} \\ \text{hence} \\ t=20\cdot12 \\ t=240\text{ months} \\ F=? \\ F=P(((1+i)^t-1)/(i)) \\ \\ F=1,055(((1+0.0525)^(240)-1)/(0.0525)) \\ \\ F=4,329,086,087 \\ She\text{ will have \$ }4,329,086,087 \\ \end{gathered}

how much money will be in Taylor's retirement count if she continues to make the same-example-1
User Duy Anh
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