Question: Your current salary is $ 2 1 , 0 0 0 per year, and you are planning to retire in 2 5 years from now.

Your current salary is $21,000 per year, and you are planning to retire in 25 years from now. You
anticipate that your salary will increase $3,000 each year, and you plan to deposit 5% of her yearly
salary into a retirement fund that earns 7% interest compounded daily. What will be the amount of
interest accumulated at the time of your retirement?
Your current salary is $21,000 per year, and you are planning

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