- SOLUTION: Francine currently has $45,000 in her 401k account at work . . .
Question 1200182: Francine currently has $45,000 in her 401k account at work, and plans to contribute $800 at the end of each month for the next 15 years How much will she have in the account in 15 years, if the account averages a 6% annual return?
- Solved 1. Richard e-mailed me that he and Monica differed - Chegg
It would cost $100,000 at age 65 and provide payments of $8,000 per year over his expected 17-year life span He wants to know if it is attractive The appropriate market rate of return on investments is 7 percent after tax Calculate what the $3,000-per-year deficit, had it been invested, would have amounted to at the end of the 15-year period 2
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