At the end of each year we contribute a slightly smaller amount into our retirement fund: Year
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At the end of each year we contribute a slightly smaller amount into our retirement fund: Year 1 $1,000 Year 2 $1,100 Year 3 $1,200, and Year 4 $1,300. If we get an annual rate of return of 5%, how much will our retirement account be worth at the end of the fourth year?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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