Amount of interest accumulated at the time of? retirement

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Emily? Dorsey's current salary is ?$78,000 per? year, and she is planning to retire 28 years from now. She anticipates that her annual salary will increase by ?$2,000 each year ?($78,000 the first? year, to ?$80,000 the second? year, ?$82,000 the third? year, and so? forth), and she plans to deposit 5?% of her yearly salary into a retirement fund that earns 9?% interest compounded daily. What will be the amount of interest accumulated at the time of? Emily's retirement? Assume 365 days per year.

Reference no: EM131290270

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