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need i and ii I U TRUHLIS, now much money did you actually spend on the car? $ 222,905.20 7. Retirement (20 points answering all
need i and ii I U TRUHLIS, now much money did you actually spend on the car? $ 222,905.20 7. Retirement (20 points answering all parts) a. To save for retirement, you should start saving 28% of your net monthly salary. Find 28%: $988.40 b. How much money will you have after 30 years of saving 28%: $355,824.00 I c. Hopefully you remember to put it in an account. i. a. How much money would you have if you put it in a simple interest account yielding 5% for 30 years? ii. b. How much money would you have if you put it in a compound interest account yielding 2% compounding monthly for 30 years d. Most employers match contributions to a certain amount for retirement
need i and ii
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