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Posted: April 20th, 2022
Question Assignment description
John has an opportunity to save $165 monthly at an APR of 5.15% in a 401Ok plan by work. He plans to retire in 32 years. The earnings taxes are at 28% for him. If John’s firm provides a 45% matching contribution, use Excel’s FV perform to decide how a lot his funding will likely be value when he retires.
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