Mathematics, 12.03.2021 16:40 orgaprince
$4,637.10 2) ANNUITY. Suppose that you deposit $200 each month for 20 years into a retirement account earning 6% interest, and then stop making deposits and leave the money earning interest for another 10 years. a) How much will you end up with? Given: $163,198.43 b) How much did you contribute? First find actual deposit = $200 (12)(20) = ? Then SUBTRACT from part a) $71,427.85
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$4,637.10 2) ANNUITY. Suppose that you deposit $200 each month for 20 years into a retirement accoun...
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