Aku Ali plans to invest $23,000 each year in a saving account until he turns 70 years old. He is 40 years old now. If the savings at the beginning of each year, and the interest on the saving account is 7.0 percent annually, how much will he have in his saving account at age 70 ?

Answer rating: 100% (QA)

To calculate the future value of Aku Alis savings account at age 70 we will use the formula f... View the full answer