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You have 50000 in your 401k you estimate you can fund the

You have 50000 in your 401k. You estimate you can fund the account about 10000 annually at the end of each year. Your 401k is expected to earn about 10% annually. You plan to retire in 20 years and want 100000. will you meet your goal?

a) yes
b) no
c) not enough data
d) no but you will be short about 91000

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Finance Basics: You have 50000 in your 401k you estimate you can fund the

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Finance Basics: You have 50000 in your 401k you estimate you can fund the

Reference No:- TGS0633782

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : A circular coil of wire with 40 turns and a radius of 333

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: You have 50000 in your 401k you estimate you can fund the

Reference No:- TGS0633782

Recent Questions Asked Finance Basics

Q : A circular coil of wire with 40 turns and a radius of 333

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Q : You have 50000 in your 401k you estimate you can fund the

Q : What is the molarity of an hcl solution if 233 ml of the

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