Keith started saving for retirement at age 45 with plans to retire at age 70. He invested an average of $500 per month in various securities, with an average annual return of 6% adjusted for inflation. Assuming monthly compounding, how much has Keith saved at the start of retirement?

Question

anonymous · Answer

$27,432.26

 $446,496.98

 $346,496.98

 $712,355.15

anonymous · Answer

sorry im not good at this stuff

anonymous · Answer

okay thank you anyways i figured it out :)