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Finance Question: Calculate how much you would have in 20 years if you saved $10,500 a year at an annual rate of 9 percent with
Finance Question:
Calculate how much you would have in 20 years if you saved $10,500 a year at an annual rate of 9 percent with the company contributing $2,625 a year.
3 5% 6% % Period 1 4 5 B 10 11 12 13 14 15 16 1. 19 19 20 25 30 40 50 1% 1.000 2.010 3.00 4.06 5.101 6.152 7.214 8.286|| 9.69 10.46 11.56, 12.63 13.809 14.947 16.097 17.25 18.430 19.615 20.811 2015 28.243 34,785 48.886|| 64.463 20% 1,000 2.020 3.060 4.122 5.204 6.30 7.434 8.583 9.55 10.950 12.169 13.412 14,680 15.974 17,293 18.539 20.012 21.412 22,841 24, 32.030 40.5688 60.402 24.59 1.000 2.030 3.091 4.184 5.309 5.6 7.562 88.892 10.159 11.454 12.808 14.192 15.618 17,UBE 18.599 20.157 21.762 23.414 25.117 2 36.459 47.575 75.401 112.79] 4% 1.000 2.040 3.122 4.246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18292 20.024 21.825 23.698 25.645 27.571 2PB| 41.646 565.085 95.026 152.66] 1.000 2.050 3.153 4.310 5.526 6. ED2 8.142 9549 11.027 12.578 14.207|| 15.917 17.713 19.569 21.579 23.657 25.840|| 28.132 30.5.39 33.066 47.727 56.439 120.600 209.348|| 1.000 2,060 3.184|| 4.375 5.537 6.95 8.394 9 11.491 13.181 14.972 16.80 18,882 21.015 22.276 25,573 28.213 30.906 33,7650 3Eb 54.865 79,058 154.762 290.336 7% 1.000 2.00 3.215 4.440 5.751 7.153 8. 654 10.260 11.97 13.816 15.784 17.888 20.141 22.550 25.129 27.888 30.840 13.999 37.379 40.995 63.249 94.461 19.635 406.529 1. 000 2.080 1.246 4.506 5.867 7.336 88.923 10.637 12.488 14.48] 16.54] 18,977 21.495 24.215 27.152 30324 33.750 37.450 41.445 45.52 73.106 113.29] 259.057 573.770 9% 1.000 2.090 3.2TB 4.573 5.985 7.523 9.200 11.028 13.021 15.193 17560 20.141 22.953 26.019 29.361 33003 36.974 11.301 46.01% 51.160 84.701 135.30S 37.88] B15.084 10% 1,000 2.100 3.310 4.41 6.105 7/15 9.487 11.436 13.59 15.937 18.531 21.384 24.523 27.95 31.72 35,950 40,545 45.59] 51.159 275 98.347 154,494 442.593 1163.909 11% 1,000 2.110 3.342 4.710 5.228 7913 9.783 11.8859 14.164 16.722 19.561 22.713 25.212 30.095 34.405 39.190 44.501 50.396 56.939 64.203 114.413 199.021 581.826 1668.71
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