Question:

Isaiah reads articles about the insufficient savings of

Last updated: 8/12/2022

Isaiah reads articles about the insufficient savings of

Isaiah reads articles about the insufficient savings of those in retirement and decides he needs to start saving now, even though he's in his 50s. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund. The value of his retirement account after 15 years will be $ How much of the toal did Isaiah contribute himself? $ How much mondy did Isaiah make through compounded returns in this investment account? $