Trent Is 25 Years Old And Works For A Company That Matches His 401(K) Contribution Up To 5%. The Interest Rate For His 401(K) Is 7.3%. If He Puts Away 10% Of His $32,000 Salary Every Year, What Would The Total Of His 401(K) Be In 10 Years? Round Your Answer To The Nearest Cent.

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Trent Is 25 Years Old And Works For A Company That Matches His 401(K) Contribution Up To 5%. The Interest Rate For His 401(K) Is 7.3%. If He Puts Away 10% Of His $32,000 Salary Every Year, What Would The Total Of His 401(K) Be In 10 Years? Round Your Answer To The Nearest Cent.. The answer to the query is $35,677.89, which is option c in the. The interest rate for his 401 (k) is 7.1%.

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If he puts away $10. The answer to the query is $35,677.89, which is option c in the. A set of flashcards for a quiz on future investments and retirement topics, such as life insurance, real estate, and 401(k) plans.

The Interest Rate For His 401 (K) Is 7.1%.


Trent's 401 (k) savings with a 10% contribution on a $32,000 salary, plus a 5% employer match and compounded at 7.3% interest over 10 years, would total approximately $67,266.16, which. The interest rate for his 401 (k) is 7.3%. If he puts away 10% of his.

If He Puts Away $10.


The interest rate for his 401 (k) is 7.3%. The answer to the query is $35,677.89, which is option c in the. Find out how much trent's 401(k) will be in 10 years with a company match of 5% and an interest rate of 7.3%.

To Solve This Problem, We Need To Calculate The Future Value Of Trent's 401 (K) Account After 10 Years.


Trent is 25 years old and works for a company that matches his $401 (\mathrm {k})$ contribution up to $5 \%$. Trent is 25 years old and works for a company that matches his 401 (k) contribution uo to 5%. Trent is 25 years old and works for a company that matches his 401 (k) contribution up to 5%.

If He Puts Away 10% Of His $32,000 Salary Every Year, How.


The interest rate for his 401 (k) is 7.3%. A set of flashcards for a quiz on future investments and retirement topics, such as life insurance, real estate, and 401(k) plans. Trent is 25 years old and works for a company that matches his 401 (k) contribution up to 5%.

First, Determine His Annual Contribution, Which Is 10% Of His Salary.


The interest rate for his 401 (k) is 7.3%. Trent is 25 years old and works for a company that matches his 401 (k) contribution up to 5%. Trent is 25 years old and works for a company that matches his 401 (k) contribution up to 5%.

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