- Compare The Financial Fates Of Two Workers Round All Final Answers To The Nearest Dollar Worker A Starts To Save Mon 1 (35.5 KiB) Viewed 16 times
answers to the nearest DOLLAR.)
WORKER A starts to save money early for
retirement and puts away $300 a month in a retirement account
paying on average 8.5% for 45 years.
WORKER B starts late and puts away $1,500
a month for 10 years in an account paying 8.5%.
WORKER A:
FUTURE VALUE=
Total Contribution=
Interest=
WORKER B:
FUTURE VALUE=
Total Contribution=
Interest=
Thank you!
Compare the financial fates of two workers. (Round all final answers to the nearest DOLLAR.) WORKER A starts to save money early for retirement and puts away $300 a month in a retirement account paying on average 8.5% for 45 years. WORKER B starts late and puts away $1,500 a month for 10 years in an account paying 8.5%. WORKER A: FUTURE VALUE=[A] Total Contribution= Interest=[C] WORKER B: FUTURE VALUE=[D] Total Contribution=[E] Interest=[F]