Francine currently has $ 4 5 , 0 0 0 in her 4 0 1 k account

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Question:

Francine currently has $

45, 000

in her

401

k account at work, and plans to contribute $

6, 000

each year for the next

20

years. How much will she have in the account in

20

years, if the account averages a

5 %

annual return?

Related Book For answer-question

Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: May 11, 2024 05:42 AM

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Francine currently has $ 4 5 , 0 0 0 in her 4 0 1 k account

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