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thanks Bertha and Martha are recent college graduatos. Each currently earns $85,000 a yoar and plans to recire in 40 yeare. Their eamings are month
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Bertha and Martha are recent college graduatos. Each currently earns $85,000 a yoar and plans to recire in 40 yeare. Their eamings are month to her boccunt only during the first soven years, but she lets her funds compound for the noxt 33 years. What are Martha's fotal contributions to her acoount? $66,000$82,000$70,000$84,000. QUESTION 2 much did Bertha contributo bo her account? $475,000 $5000.000 $1,500,000 $698,000 How much would Martha's account hold at retirement if she eamed an annual rate of 11.5% monthly cornpounded? $3,347,918$5,597,983$2,999,789$4,425,537 QUESTION 4 How much would Bertha's account hold at reliroment if the also earnod an anmuat nate of 11.5% ? $3,350,918.25$2,312,752,65$1,978,400.10$2,792,540.35 Step by Step Solution
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