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Here are additions questions that may help. Please answer the yellow highlighted question though. Thank you. If Start and Stop Former ACE 240 Student works
Here are additions questions that may help. Please answer the yellow highlighted question though. Thank you.
If "Start and Stop Former ACE 240 Student" works and continues to contribute to the plan with the same return until he is 70 (5 more years) how much money will he have then? O $2,741,623 which is an additional $875,720 for working 5 more years $1,941,263 which is an additional $75,361 for working 5 more years $2,544,588 which is an additional $678,686 for working 5 more years O $2,144,934, which is an additional $279,032 for working 5 more years "Start and Stop Former ACE 240 Student " listened well in ACE 240 and started contributing to his 401K at age 23, contributing $7,500/year and earning an 8% return. But "some things came up" and he quit contributing at age 43. What is his 401k balance at age 43 after 20 years of contributions? $344,916 $343,215 O $586,394 $691,433 "Start and Stop Former ACE 240 Student" quit contributing additional money to his 401k at age 43, as noted in #15 above. But he did do something right: he left that money in his 401k and earned an 8% return on that amount for another 22 years until age 65 even though he wasn't making additional annual contributions anymore. How much does he have at age 65? $2,122,627 $798,441 $1,865,902 O $698,112 If "Start and Stop Former ACE 240 Student" works and continues to contribute to the plan with the same return until he is 70 (5 more years) how much money will he have then? I O $2,741,623 which is an additional $875,720 for working 5 more years. O $1,941,263 which is an additional $75,361 for working 5 more years $2,544,588 which is an additional $678,686 for working 5 more years $2,144,934, which is an additional $279,032 for working 5 more years Step by Step Solution
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