After graduating from college you have your first job in your area of study and are making $100,000 per year. You are paid once each month and decide to put 10% of each paycheck into your retirement account at the end of each month.

1. How much will you deposit into the accounteach month? Round to the nearest $1. $_______per month
2. The investements that you chosen to invest in average 6.5% growth per year compounded monthly. How much will you expect to have in the account in 28 years? $________
3. How much total money will you put into the account? $_________
4. How much total growth/interest should you expect will you earn? $__________
5. If you manage to save an additional $125 each month, how much will you have in the account after 28 years? $_________

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