Ace invests $330 per month earning 9.0% (annual rate) for 15 years. After 15 years, he takes
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Austin invests $350 per month earning 12.0% (annual rate) for 10 years. After 10 years, he takes all the money from his account and invests it into a new fund that earns 13.5% annually. He does not add any more money to the account. The money grows for 15 more years.
How much money does Austin have at the end of the 15 years?
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
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