Question
Marcus works for a company that offers 50% matching on all of his retirement contributions. For the last 28 years, Marcus has been depositing $100
Marcus works for a company that offers 50% matching on all of his retirement contributions. For the last 28 years, Marcus has been depositing $100 into his 401(k) savings account that pays 6.99% interest annually. After 28 years, the balance has grown to $207,361.07. How much of this balance is interest?
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Information Technology Auditing An Evolving Agenda
Authors: Jagdish Pathak
1st Edition
3642060579, 978-3642060571
