Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Mar 2018 My Price 3.00

graduate’s first job

Suppose a recent college graduate’s first job allows her to deposit $100 at the end of each month in a savings plan that earns 9%, compounded monthly. This savings plan continues for 8 years before new obligations make it impossible to continue. If the accrued amount remains in the plan for the next 15 years without deposits or withdrawals, how much money will be in the account 23 years after the plan began?

 
 

Answers

(5)
Status NEW Posted 21 Mar 2018 07:03 AM My Price 3.00

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