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Currently, you have $45,000 in your 401K. Suppose you plan to contribute $550 per month to the account. You expect the account to pay 13%

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Currently, you have $45,000 in your 401K. Suppose you plan to contribute $550 per month to the account. You expect the account to pay 13% per year. What will the account be worth after 32 years? 5,950,887 5,083,608 2,772,227 6,914,995 4,210,272 1,874,569 3,795,047 Suppose you have a balance on your credit card of $3,689. The minimum MONTHLY payment is $71 and the annual interest rate is 22.5%. Given this information, how many years will it take to pay back off the balance? 16.41 21.88 19.31 15.24 17.25 14.84 18.78

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