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An accountant is 40 years old with an anticipated retirement age of 70. The accountant plans to save $6000 per

year at the end of the next 30 years to fund retirement.

How much will the accountant have upon retirement, if the accountant is able to earn 4% annual on his investment.

the answer is $336,510, what is the mathematical equation used to get the $336,510 answer? I cannot use excel only a calculator.

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Future value of Annuity Formula will be... View the full answer

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