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401(k) Savings Plan

401(k) Savings Plan

masonitebenefits.com

SOLVED: Richard has enrolled in a 401(k) savings plan. He intends to deposit 250 each month; his employer does not contribute to his account. How much will be in his account in 20 years? Round your answer to the nearest cent.Question 3Richard has enrolled in a 401(k) savings plan. He intends to deposit250 each month. His employer does not contribute to his account. If his account pays 3.5% annually, what can be typed into Excel to determine how much will be in his account in 40 years?-PV(0.035/1

SOLVED: Richard has enrolled in a 401(k) savings plan. He intends t…

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