• A construction engineer planning for her retirement deposits 10% of her salary each year into a stock market. If her salary this year is $60,000 and she expect that her salary to increase by 5 percent each year, what will be the present worth of the fund after15 years if it earns 4% per year?

Answer rating: 100% (QA)

SOLUTION Construction engineer will take following amount at ma... View the full answer