kayleeearls4166 kayleeearls4166

13-01-2021
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3. You plan to retire in 35 years. At the end of each year, you plan on saving $15,000, and your bank pays you 2% annual interest. How much will you have saved by the time you retire

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donnaranucci donnaranucci

13-01-2021

Answer: $535,500. $15,000 times .02 (2%) is 300. $15,000 plus 300 is $15,300. $15,300 times 35 is $535,500

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