You deposit 2500 today in a retirement account at 6


You deposit $2,500 today in a retirement account at 6% interest compounded annually. How much more money will you have if you leave it in a for 35 years rather than 25 years?

a. 10,730.00

b. 19,215.00

c. 8,846.00

d. None of the above

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You deposit 2500 today in a retirement account at 6
Reference No:- TGS01254426

Expected delivery within 24 Hours