How much would you have saved at retirement

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Reference no: EM131556928

Future Value problem You are 25 years old now. You're saving that $4 a week for the next five years, at that time start saving three times that, until you retire at 70. The minim life expectation of people is 78 years old. If you put that money an accumulator account paying one percent interest per year. How much would you have saved at retirement? Demonstration the solving process.

Reference no: EM131556928

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