Business, 15.11.2019 21:31 1109pacey

Starting at age 50, a woman puts $1600 at the end of each quarter into a retirement account that pays 7% interest compounded quarterly. when she reaches age 60, she withdraws the entire amount and places it in a mutual fund account that pays 9% compounded monthly. from then on she deposits $400 in the same mutual fund at the end of each month. how much is in the account when she reaches age 65?

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Starting at age 50, a woman puts $1600 at the end of each quarter into a retirement account that pay...

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