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English 17 Online
TheJag18:

(Retirement Savings Plans LC) An employee is 25 years old and starting a 401k plan. The employee is going to invest $150 each month. The account is expected to earn 5.5% interest, compounded monthly. What is the account balance, rounded to the nearest dollar, after two years? A spreadsheet was used to calculate the correct answer. Your answer may vary slightly depending on the technology used. $3,976 $3,796 $6,675 $6,765

hannahj:

b

Thayes:

$3,796

TheJag18:

sorry thayes but im doing who got it first and that its still correct

TheJag18:

trying yo be fair

hannahj:

well thank you.

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