You wish to retire in 30 years so you begin a 401k program, Ask an Expert

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You wish to retire in 30 years, so you begin a 401K program that pays $100 into your account weekly at 7.15% interest. (Assume 401K is compounded weekly, ordinary time)

How much will you have when you retire?

How much did you pay into the annuity?

How much interest did you receive over the thirty years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92824341

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