Question:
Isaiah reads articles about the insufficient savings of
Last updated: 8/12/2022
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? $