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You have just made your first $3,500 contribution to your retirement account.Assume you earn a return of6 percent and make no additional contributions.a. What will your account be worth when you retire
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You have just made your first $3,500 contribution to your retirement account.Assume you earn a return of6 percent and make no additional contributions.a. What will your account be worth when you retire in 25 years?Future value for starting now

User Kindisch
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Step-by-step explanation


A(t)=P(1+(r)/(100))^n

where A is the future amount, r is the rate, P is the present value

User AndresM
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