Question
Hillary works for a company that offers 75% matching on all of her retirement contributions.For the last 35 years, Hillary has been depositing $200 each
Hillary works for a company that offers 75% matching on all of her retirement contributions.For the last 35 years, Hillary has been depositing $200 each month into her 401(k) savings account that pays 4.99% interest annually.After 35 years, how much money has beendepositedintothe 401(k) by both Hillary and her employer?
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
