cupcakeland cupcakeland

12-10-2017
Mathematics

contestada

An employee contributes $75 each month to her 401(k). What will be the value of her 401(k) after the 240th deposit (20 years) if the per annum rate of return is assumed to be 12% compounded monthly?

Respuesta :

caramelunicorn caramelunicorn

12-10-2017

The value of her 401(k) will be 2,160 compounded monthly.

Answer Link

Otras preguntas

Word meaning wanting to leave your country to live in another for certain reasons

What is the simple sugar resulting from the hydrolysis of lactose?

PLEASE HELP ME!!!!!!!!In no more than 250 words: Determine the central conflict of one of the refugee by Alan Gratz . How does it address the thematic concept

Evaluate f(x) = x 2 + 1 for f(-1).

Many individuals refer to education as a public good. how is education not a public good? a. its acquisition is usually rival and rarely excludable. b. its acqu

Given an ip address 172.16.28.252 with a subnet mask of 255.255.240.0, what is the correct network address?

What is the slope of the line that contains the points (-1,8) and (5,-4)?

how were the claims and evidence of harry truman and andrei zhdanov different

Which describes Michael Faraday’s work with electricity and magnetism?

Can anyone help me with this please