Lindsey Jones is 27 years old, and she recently took a new job. Lindsey had accumulated $6000
Question:
Lindsey Jones is 27 years old, and she recently took a new job.
Lindsey had accumulated $6000 in her previous employer’s 401(k)
retirement plan, and she withdrew it to help pay for her wedding.
How much less money will Lindsey have at retirement at age 67 if she could have earned 9 percent on the $6000?
A. $6000 B. $24,000 C. $48,000 D. $203,000
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