You just opened a brokerage account, depositing $4,000. You expect the account to earn an interest rate of 10.2%. You also plan on depositing $1,500 at the end of years 5 through 10. What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return?

Answer rating: 100% (QA)

Value of 4000 after 20 years 102 4000110220 2790563 Value of an... View the full answer