After college you have no money, but you begin to create a retirement account by making continuous

Question:

After college you have no money, but you begin to create a retirement account by making continuous deposits that total d = $5, 000 per year. Suppose that the account pays interest at an annua1 rate of 8% compounded continuously. Use a computer or ca1culator to plot the of your account over the next 20 years. Experiment by changing the interest rate and the annua1 deposits. Which parameter is more important to the of your account? To increase your future worth, is it more important to increase your annual deposit or to find an institution that pays a higher rate of interest?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...