Assume that you contribute 190 per month to a retirement


Assume that you contribute $190 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $390 per month for the next 25 years. Given an 7 percent interest rate. What is the value of your retirement plan after the 50 years?

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Financial Management: Assume that you contribute 190 per month to a retirement
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