Question
Your friend Donna just graduated and has two job offers that she is considering. Both job offers pay the same, but Job A contributes
Your friend Donna just graduated and has two job offers that she is considering. Both job offers pay the same, but Job A contributes $1,300 annually to Donna's retirement plan while Job B does not offer a retirement plan at all. Assuming that Donna will be at her first job for 3 years and that she will earn 7.80% annually on her retirement savings plan, how much will Donna have in her retirement plan at Job A? (Round answer to nearest whole number) Donna will have $ in her retirement plan at Job A
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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