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English 11 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:

thats the same question I think

Thayes:

yea

TheJag18:

oops

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