Johan recently received his annual performance bonus from his employer. He has set up an investment savings
Question:
a. What will the plan be worth after 25 years if it earns 7.5% compounded monthly?
b. HowmuchdidJohan’scontributionsearnduringthe25years?
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a For the monthly contributions PMT 400 n 1225 300 i 7512 0625 For the annual co...View the full answer
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