If you contribute 7 of salary into a 401-k plan at the end


Suppose your current salary is $52,000 a year and it will grow 4% a year. If you contribute 7% of salary into a 401-(k) plan at the end of every year and earn 8% return a year, how much would you have in 40 years?

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Finance Basics: If you contribute 7 of salary into a 401-k plan at the end
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