Rachael deposits $3,600 into a retirement fund each year. The fund earns 7.5% annual interest, compounded monthly.
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Rachael deposits $3,600 into a retirement fund each year. The fund earns 7.5% annual interest, compounded monthly. If she opened her account when she was 20 years old, how much will she have by the time she’s 55? How much of that amount was interest earned?
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Rachel deposits 3600 into a retirement fund each year Hence a 1 3600 Total num...View the full answer
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