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QUESIID d 0 l 5 pts Questions 5-8. Your friend is able to invest $120 a month in a 401(k) with a predicted growth rate
QUESIID" d 0 l 5 pts Questions 5-8. Your friend is able to invest $120 a month in a 401(k) with a predicted growth rate of 3%. Your friend's company will match 50% of your friend's contributions. How much does your friend's company contribute every month? 33 (round to the nearest dollar) Use Excel's FV function to find the account balance after 20 years. ' 33 (round to the nearest cent) How much was deposited over 20 years by your friend? By the company? Your friend's contributions: 33 (round to the nearest dollar) l The company's contributions: $ (round to the nearest dollar) How much did your friend earn in interest
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