Business, 20.10.2021 16:00 Perdikaris
Stephanie is going to contribute $250 on the first of each month, starting today, to her retirement account. Her employer will provide a 50 percent match. In other words, her employer will add $125 to the amount Stephanie saves. If both Stephanie and her employer continue to do this and she can earn a monthly interest rate of .5 percent, how much will she have in her retirement account 25 years from now?
a. $336,264
b. $204,286
c. $199,312
d. $268,418
e. $261,172
Answers: 3
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Stephanie is going to contribute $250 on the first of each month, starting today, to her retirement...
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Mathematics, 20.11.2019 20:31
