Solution-Will have at the end of the twenty-five years

Will have at the end of the twenty-five years

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Question 1: A recent college graduate hopes to have $200,000 saved in their retirement account 25 years from now by contributing $150 per month in a 401(k) plan. The goal is to earn 10% annually on the monthly contribution. Will they have the $200,000 at the end of the 25 years?

Reference no: EM132566572

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Will have at the end of the twenty-five years : $150 per month in a 401(k) plan. The goal is to earn 10% annually on the monthly contribution. Will they have the $200,000 at the end of the 25 years?

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Will have at the end of the twenty-five years

Reference no: EM132566572

Reference no: EM132566572

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