Question
Francine currently has $65,000 in her 401k account at work, and plans to contribute $8,000 each year for the next 15 years. How much will
Francine currently has $65,000 in her 401k account at work, and plans to contribute $8,000 each year for the next 15 years. How much will she have in the account in 15 years, if the account averages a 5% compounded annually?
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International Management Managing Across Borders And Cultures
Authors: Helen Deresky
10th Global Edition
1292430362, 978-1292430362
