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You have started to work for a company that has a benefits package that includes contributions to a retirement account. The ratio of contributions is

You have started to work for a company that has a benefits package that includes contributions to a retirement account. The ratio of contributions is for every $10 you contribute, the company contributes $3. The account is setup with an APR of 8.0% for 30 years.

If you contribute $100 per month, how much does the company contribute?

When using Excel, the amount in your retirement is $193,746.73. How much more is in the account than what you would have contributed?

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