Question: 9. $ You would like to start saving for retirement. Assuming you are now 22 years old and you want to retire at age 60
9. $ You would like to start saving for retirement. Assuming you are now 22 years old and you want to retire at age 60 , you have 38 years to watch your investment grow. You decide to invest in the stock market, which you expect it to earn about 6% per year into the future. You decide to invest $600 at the end of each month for the next 38 years (456 months). Calculate your accumulated investment at the end of 38 years. (Round to nearest whole dollar)
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