Assume that you contribute 240 per month to a retirement, Financial Econometrics

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Assume that you contribute 240 per month to a retirement

Assume that you contribute $240 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $480 per month for another 25 years. Given a 6 percent interest rate, what is the value of your retirement plan after the 40 years?

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Financial Econometrics: Assume that you contribute 240 per month to a retirement

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Financial Econometrics: Assume that you contribute 240 per month to a retirement

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