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Your friend is investing in a 401(k) that promises 10% annual growth. He plans on investing $250 each month for 30 years. His company will
Your friend is investing in a 401(k) that promises 10% annual growth. He plans on investing $250 each month for 30 years. His company will match him at 50%. Excel returns a value of $847,682.97 for the balance in the 401(k) after 30 years. How much interest is earned in the account after 30 years? Don't forget the company is matching 50% of his contribution
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