question archive How to find the final amount in the following retirement? account, in which the rate of return on the account and the regular contribution change over time
Subject:MathPrice: Bought3
How to find the final amount in the following retirement? account, in which the rate of return on the account and the regular contribution change over time.
?$540 per month invested at 5?%, compounded? monthly, for 3 ?years; then ?$701 per month invested at 6?%, compounded? monthly, for 3 years.
What is the amount in the account after 6 ?years?