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Upon starting your new job after college, you ve been confronted with selecting the investments for your 4 0 1 ( k ) retirement plan.
Upon starting your new job after college, youve been confronted with selecting the investments for your k retirement plan. You have four choices for investing your money: A money market fund that has historically returned about per year. A longterm bond fund that has earned an average annual return of A conservative commonstock fund that has earned per year. An aggressive commonstock fund that has earned per year.a If you were to contribute $ per year for the next years, how much would you accumulate in each of the above funds? Please show excel formulas.
Upon starting your new job after college, youve been confronted with selecting the investments for your k retirement plan. You have four choices for investing your money: A money market fund that has historically returned about per year. A longterm bond fund that has earned an average annual return of A conservative commonstock fund that has earned per year. An aggressive commonstock fund that has earned per year.a If you were to contribute $ per year for the next years, how much would you accumulate in each of the above funds?
Please show excel formulas.
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