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Please help me answer the following questions! PLEASE SHOW ALL WORK NEATLY AND CLEARLY AND GIVE THOROUGH EXPLANATIONS! THANKS! *************DOUBLE CHECK ANSWERS. PLEASE. I HAVE
Please help me answer the following questions! PLEASE SHOW ALL WORK NEATLY AND CLEARLY AND GIVE THOROUGH EXPLANATIONS! THANKS!
*************DOUBLE CHECK ANSWERS. PLEASE. I HAVE BEEN GETTING A LOT OF WRONG ANSWERS LATELY*********************** . THE FIRST ATTACHMENT IS CONTEXT NEEDED TO ANSWER THE THIRD PART. THE FIRST ATTACHMENT DOES NOT NEED ANSWERING! :
Part II Career After you graduate y0u get a job as a medical account manager making $53,000 per year. Being the wise planner you are, you want to begin to save for retirement. Your employer gives you the option of investing 3% of your monthly pre-tax income into a 401k. The account earns monthly compound interest at a rate of 7.25%. 0 Determine your monthly investment. 0 How much money will you have saved in 40 years (when you hope to retire)? Part III Credit Card Debt You are looking to start your new career, but first you want to pay off your credit card debt. Your card has a rate of 1.8% per month and an outstanding balance of $964 [as of May 1"). Over the course of the month you make the following purchases and payments. Round all nal answers to the nearest cent. PAYMENT Purchase Target Purchase Speedway Purchase :Pizza PAYMENT Purchase Wegmans Purchase l C Store Vlay 23" Purchase Amazon $39 Vlay 25* Purchase U-Haul s43 When getting hired you also received a signing bonus of one month's pay. - Using the average daily balance method, calculate your finance charge on June 1". o How much will you owe your credit card company on June 1"? o How much was your signing bonus? . How much ofchur signing bonus will be left after paying off your credit cardStep by Step Solution
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