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2--Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account

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2--Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account when she retires at age 65? Remember to show the values placed in the TVM solver, as well as your answer. PV: 0 Rate: 6 PMT: -200 Perlods: 240 FV: 92480.18 3--Murphy started putting $100/month into his 401(k) earning 6% APR when he was 22 years old. How much will be in his account when he retires at age 62, if interest is compounded monthly? PV: 0 Rate: 6 PMT: -100 Periods: 480 FV: 199149.07

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