Mathematics, 08.11.2020 08:20 kingbob101
Nancy invested $750 per month in a 401k that earned 6% annual return for 30 years. Alex
invested $1,500 per month in a 401k that also earned 6% annual return, but for 15 years. Which
of the following would be true?
Nancy's balance would be greater than Alex's in the end.
O Nancy's balance is $4,308 and Alex's balance is $3,595.
O Alex's balance would be greater than Nancy's in the end.
The investment and balance would be the same in the end.
Answers: 2
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Mathematics, 21.06.2019 16:30
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Nancy invested $750 per month in a 401k that earned 6% annual return for 30 years. Alex
invested $1...
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