A civil engineer planning for her retirement places 11% of her salary each year into a high-technology stock fund. If her salary this year (end of year 1) is $160,000 and she expects her salary to increase by 2% each year, what will be the future worth of her retirement fund after 17 years provided it earns 11% per year?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here