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Mathematics, 01.01.2022 14:00, 10027126
Between the two investment plans listed below, which will have the greatest future value and by what amount? Round all answers to the nearest cent. A 2-column table with 3 rows. Column 1 is labeled 401 (k) with entries An employee contribution of 9 percent on an annual salary of 45,624 dollars and Employer matches 3 percent of employee contribution, compounded annually at 1. 2 percent, annual contributions for 30 years. Column 2 is labeled Roth I R A with entries monthly deposit of 352 dollars and 45 cents, compounded monthly at 1. 2 percent, monthly contributions for 30 years.
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