Mathematics, 26.08.2020 17:01 layla07
Tina contributes 9.5% of her monthly salary towards her 401(k) and her employer matches her contribution up to 5.4% of
her annual salary. If the interest rate of her 401(k) is 8.1% compounded monthly and her monthly salary is $2.461.
determine the amount in her account after 25 years. Round to the nearest cent.
a $339,804 33
$354.452.86
C. S344,941.24
d $347.269.59
Please select the best answer from the choices provided
B
Ο Ο Ο Ο
C
D
Answers: 3
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Tina contributes 9.5% of her monthly salary towards her 401(k) and her employer matches her contribu...
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