Solution-How much will luis have in his account at time of

How much will luis have in his account at time of retirement

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Question: INVESTMENT ANALYSIS Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $3000/quarter into the new account until his retirement 20 yr from now. If the account earns interest at the rate of 8%/year compounded quarterly, how much will Luis have in his account at the time of his retirement?

Reference no: EM131556413

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How much will luis have in his account at time of retirement : INVESTMENT ANALYSIS Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company.

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How much will luis have in his account at time of retirement

Reference no: EM131556413

Reference no: EM131556413

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