Then you are able to increase the contribution to 400 per


Question - Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $400 per month for another 30 years. Given a 7% interest rate, what is the value of your retirement plan after the 50 years?

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Accounting Basics: Then you are able to increase the contribution to 400 per
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