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Mathematics, 08.04.2021 18:50 allisondelp6
You have started to work for a company that has a benefits package that includes contributions to a retirement account. You plan to put $160 per month into the account. The company will contribute 20%. The account is setup with an APR of 9.0% for 32 years.
What is the total monthly amount put into the account?
Excel gives the amount in your retirement account as $425,570.83 after 32 years.
How much more is in the account after 32 years than what you put in?
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