Mathematics, 20.10.2020 03:01 jasssp
At age 25, Alan starts paying $2000 each year into an investment fund. He is guaranteed a 4% interest rate
throughout the savings period. How much will he have in the investment fund at the end of 30 years? Note for this
particular
pension the payments are made at the beginning of each year and the
interest is paid at the end of each year
Answers: 3
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At age 25, Alan starts paying $2000 each year into an investment fund. He is guaranteed a 4% interes...
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