You would have invested a total of 60000 by age 45 at 45, Financial Management

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You would have invested a total of 60000 by age 45 at 45

1. So, if you invest $200 per month (at age 25), that earns 20% compounded monthly, you would have invested a total of $48,000 by age 45. At 45, when you retire, you would have how much?

a. $621,930

b. $48,000

c. $481,487

d. $1,454,231

2. So, if you invest $200 per month (at age 20), that earns 20% compounded monthly, you would have invested a total of $60,000 by age 45. At 45, when you retire, you would have how much?

a. $444,087

b. $1,343,000

c. $60,000

d. $1,697,057

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Financial Management: You would have invested a total of 60000 by age 45 at 45

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Financial Management: You would have invested a total of 60000 by age 45 at 45

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