How much will christpher have at his retirement.

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Matt Christpher is a 25 year old mechanical engineering and his salary next year will be $60,000.Matt expects that his salary will increase at a steady rate of 5%per year until his retirement at age 65.if he saves 10% of his salary each year and invest these savings at an interest rate of 9% how much will he have at his retirement.

Reference no: EM13207728

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How much will christpher have at his retirement. : Matt Christpher is a 25 year old mechanical engineering and his salary next year will be $60,000.Matt expects that his salary will increase at a steady rate of 5%per year until his retirement at age 65.if he saves 10% of his salary each year

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