Mathematics, 16.10.2020 07:01, holderpatriciaoy8h7j
Trent is 25 years old and works for a company that matches his 401(k) contribution up to 5%. The interest rate for his 401(k) is 7.3%. If he puts away 10% of his $32,000 salary every year, what would the total of his 401(k) be in 10 years? Round your answer to the nearest cent.
a.
$67,266.16
b.
$72,176.59
c.
$33,250.60
d.
$35,677.89
Answers: 2
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