Question: #9 Enter answer as a formula Assume that you contribute $330 per month to a retirement plan for 15 years Then you are able to
#9 Enter answer as a formula
Assume that you contribute $330 per month to a retirement plan for 15 years Then you are able to increase the contribution to $530 per month for the next 25 years Given an 8 percent interest rate What is the value of your retirement plan after the 40 years? (Do not round intermediate calculations and round your final answer to 2 decimal places) Complete the following analysis Do not hard code values in your calculations. Value at end of first set of contributions Value at end of second set of contributions
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