Consider a retirement savings account where the monthly

Last updated: 11/29/2023

Consider a retirement savings account where the monthly contribution is 110 for the first 20 years is increased to 215 for the next 25 years and then is increased once again to 425 for the last 10 years The APR is always 6 5 compounded monthly What is the value of the account at the end of 55 years The value of the account at the end of 55 years is Round the final answer to the nearest cent as needed Round all intermediate values to two decimal places as needed