Question: Robert is saving $25 per month in a 10% return mutual fund. Go to https://www.investor.gov/financial-' tools-calculators/calculators/compound-interest-calculator. => 1. Calculate what the investment will grow to

Robert is saving $25 per month in a 10% return
Robert is saving $25 per month in a 10% return mutual fund. Go to https://www.investor.gov/financial-' tools-calculators/calculators/compound-interest-calculator. => 1. Calculate what the investment will grow to if Robert were to continue his mutual fund investment for 50 years if it compounded annually. For the "Initial Investment" in Step 1 of the calculator, put the number as 0. NOTE: Answer must include a comma, a decimal point, and two numbers following the decimal! 2. Robert is also investing $246 a month thru his employer ($123 for his contribution and an additional $123 paid by his employer). o At 12%, what will the investment be worth after 30 years if it compounded annually? NOTE: Answer must include a comma, a decimal point, and two numbers following the decimal! o How much if he did this for 40 years? NOTE: Answer must include a comma, a decimal point, and two numbers following the decimal

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