Suppose that you plan to save $$370$ per year for the next $30$ years to save for retirement. Your expected return is $8\mathrm{.}9\%.$ How much more money will you have at the end of $30$ years if you deposit the money at the beginning of the month versus the end of the month?

 

Answer rating: 100% (QA)

To calculate how much more money you will have at the end of 30 years if you deposit the money at th... View the full answer