TheJag18:
(Planning for Retirement MC) An employee is 25 years old and starting a Roth IRA. The employee plans to invest $200 per month with an expected interest rate of 2.85%, compounded monthly. After 30 years of working, the employee wants to have $150,000 in the retirement account. What is the difference between the actual balance and the employee's goal? A spreadsheet was used to calculate the correct answer. Your answer may vary slightly depending on the technology used. The actual balance is $34,600.86 higher than the goal. The actual balance is $34,600.86 lower than the goal. The actual balance is $36,400.68 higher than the goal. The actual balance is $36,400.68 lower than the goal.
urlocalgay:
The actual balance is $36,400.68 lower than the goal. (fourth option) I believe anyways
TheJag18:
last one :)
Extrinix:
@urlocalgay Please try to lead the users to the answer.
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