Xtracakey3885 Xtracakey3885

10-06-2018
Mathematics

contestada

If you invest $3,000 at a 6% interest rate when you are 25 years old how much will you have if you retire at age 65?

Respuesta :

sqdancefan sqdancefan

18-06-2018

If that is the only investment you make, its value will be
$3,000·(1.06)^40 ≈ $30,857.15

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