Lindsay is 25 years old and has a new job in web development. She wants...
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Lindsay is years old and has a new job in web development. She wants to make sure that she is financially sound in years, so she plans to invest the same amount into a retirement account at the end of every year for the next years. Note that because Lindsay invests at the end of the year, there is no interest earned on the contribution for the year in which she contributes. a Construct a data table that will show Lindsay the balance of her retirement account for various levels of annual investment and return. If Lindsay invests $ at a return of how much will she have in dollars in her retirement account at the end of years. Round your answer to the nearest dollar. $ b Develop the twoway table for annual investment amounts of $ to $ in increments of $ and for returns of to in increments of Using the table, what are the minimum annual investments Lindsay must contribute in dollars for annual rates ranging from to to accrue a final value of $ after years. Round your answers up to the nearest thousand dollars.
Lindsay is years old and has a new job in web development. She wants to make sure that she is financially sound in years, so she plans to invest the same amount into a retirement account at the end of every year for the next years. Note that because Lindsay invests at the end of the year, there is no interest earned on the contribution for the year in which she contributes.
a
Construct a data table that will show Lindsay the balance of her retirement account for various levels of annual investment and return. If Lindsay invests $ at a return of how much will she have in dollars in her retirement account at the end of years. Round your answer to the nearest dollar.
$
b
Develop the twoway table for annual investment amounts of $ to $ in increments of $ and for returns of to in increments of Using the table, what are the minimum annual investments Lindsay must contribute in dollars for annual rates ranging from to to accrue a final value of $ after years. Round your answers up to the nearest thousand dollars.
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