Question: Decide whether the following statement makes sense or does not make sense explain your reasoning: if interest rates stay at 4% APR and I continue
Decide whether the following statement makes sense or does not make sense explain your reasoning: if interest rates stay at 4% APR and I continue to make my monthly $25 deposits into my retirement plan I should have at least $40,000 saved when I retire in 35 years. The statement __because I will have $____ in my retirement account when I retire in 35 years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
