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suppose that you save $10 a month and put money at the end of each month in an IRA with an APR of 6.5% compounded monthly. How much money will there be in your retirement in40 years?( Assume that the last deposit generates no interest.)
Guest Feb 21, 2012
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Anna1115:

suppose that you save $10 a month and put money at the end of each month in an IRA with an APR of 6.5% compounded monthly. How much money will there be in your retirement in40 years?( Assume that the last deposit generates no interest.)



[input]10*(((1+0.065/12)^(40*12))/((1+0.065/12)-1))[/input]

Anna1115:

How much money will there be in your retirement in 40 years?


$10/month for 40years - inflation - taxes = which currency? Amero or Globo?
Guest Feb 21, 2012

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