Question: Save Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.

Save Decide whether the following statement makes sense (or is clearly true)

Save Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. If interest rates stay at 6% APR and I continue to make my monthly $50 deposits into my retirement plan, I should have at least $30,000 saved when I retire in 30 years. The statement does make sense because I will have $ 19080 in my retirement account when I retire in 30 years. (Round to the nearest cent as needed.)

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