Question: Nancy recently set up a TDA ( taxdeferred annuity ) to save for her retirement. She arranged to have $ 3 3 0 taken out
Nancy recently set up a TDA taxdeferred annuity to save for her retirement. She arranged to have $ taken out of each of her monthly checks; it will earn interest. She just had her fortyfifth birthday, and her ordinary annuity comes to term when she is sixtyfive.
a Find the future value of the account. $
b Find Nancy's total contribution to the account. $
c Find the total interest earned on the account. $
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