Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time. $669 per month invested at 4%, compounded monthly, for 6 years; then $769 per month invested at 6%, compounded monthly, for 6 years. What is the amount in the account after 12 years?

Answer rating: 100% (QA)

Seluhon Ginen 669 pen month investid at 4 compounded monthly for 6 years Then amount 6 yea... View the full answer