Asked by Phillip
if 2000 is invested at the end of each year for 36years(until age 65)in an account that pays 10% compounded annually. how much at age 65?
Answers
Answered by
Reiny
amount
= 2000(1.1^35 - 1)/.1
= ....
= 2000(1.1^35 - 1)/.1
= ....
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