Mathematics, 25.11.2020 23:20 vannybelly83
A small business owner contributes $1000 at the end of each quarter to a retirement account that earns 4% compounded quarterly. A) How long will it be until the account is worth $150,000?B) Suppose when the account reaches $150,000, the business owner increases the contributions to $8,000 at the end of each quarter. What will the total value of the account be after 15 more years?
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