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You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year and make no additional contributions. What will your account be worth when
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20 votes
20 votes
You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year and make no additional contributions. What will your account be worth when you retire in 45 years

User Etarion
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1 Answer

16 votes
16 votes
25,741.17
because you multiply 0.098x5,837x45! hope this helps!
User Wilder
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