What value does your savings account show after 40 years

Reference no: EM13529966

Your salary in year 1 is $65,000. You deposit 6% at the end of each yearin a savings account that earns 4% interest compounded daily (360days/yr.). Your salary increases by 3% per year. What value does your savings account show after 40 years?

Reference no: EM13529966

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