In planning for retirement, an investor decides she will save $4,000 every year for 35 years. At a 6.8% return on her investment, how much money will she have at the end of 35 years?

Name: In planning for retirement, an investor decides she will save $4,000 every year for 35 years. At a 6.8% return on her investment, how much money will she have at the end of 35 years?
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Question

Quizplus · Accepted Answer

Calculator entries are N = 35, I/Y = 6.8, PV = 0, PMT = −4,000, CPT FV → 529,403.43

In Planning for Retirement, an Investor Decides She Will Save