A young engineers starting salary is $52,000. Theengineer
Chapter , Problem 7-88(choose chapter or problem)
A young engineers starting salary is $52,000. Theengineer expects annual raises of 3%. The engineerwill deposit 10% of the annual salary at the end ofeach year in a savings account that earns 4%. Howmuch will the engineer have saved for starting abusiness after 15 years? We suggest that the spread-sheet include at least columns for the year, the yearssalary, the years deposit, and the years cumulativesavings
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