Question
1a) If you contribute $6,000 at the beginning of each year into your 401k, approximately how much will you have at the end of 40
1a) If you contribute $6,000 at the beginning of each year into your 401k, approximately how much will you have at the end of 40 years if the annual return is 11%?
| a. | $3,875,000 | |
| b. | $3,490,950 | |
| c. | $2,750,000 | |
| d. | $266,400 |
1b) Using your answer from the prior question, if inflation rises 3.5% over the same period, approximately how much will you have in current dollars?
| a. | $132,615 | |
| b. | $978,720 | |
| c. | $881,720 | |
| d. | $1,363,539 |
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The Technology Procurement Handbook A Practical Guide To Digital Buying
Authors: Sergii Dovgalenko
1st Edition
1789662125, 978-1789662122
