What is the value of your retirement plan

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Reference no: EM131185640

Assume that you contribute $280 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $560 per month for another 25 years. Given a 8 percent interest rate, what is the value of your retirement plan after the 50 years? I need to know how to do this, I'm using a Vicinno Financial app for the iPhone, and can't figure it out.

Reference no: EM131185640

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