Question: Word Problem 1 3 - 1 3 ( Algo ) [ LU 1 3 - 1 ( 2 ) ] Financial analysts recommend investing 1
Word Problem AlgoLU
Financial analysts recommend investing to of your annual income in your retirement fund to reach a replacement rate of of your income by age This recommendation increases to almost if you start investing at years old. Mallori Rouse is years old and has started investing $ at the end of each year in her retirement account. How much will her account be worth in years at interest compounded annually? How much will it be worth in years? What about at years? How much will it be worth in years? Please use the following provided Table
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.
tableFuture value after years,Future value after years,Future value after years,Future value after years,
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