Question: 1 points Save Answer Your employer contributes $100 at the end of each week to your retirement account. The account will earn a weekly interest

1 points Save Answer Your employer contributes $100 at the end of each week to your retirement account. The account will earn a weekly interest rate of .17 percent. How much will the account be worth when you retire in 35 years? $1,153,340.58 O $182.000.00 $1,235,722.05 $1,081.819.46 $1,181.995.01

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Your employer contributes $100 at the end of each week to your retirement account. The account will earn a weekly interest rate of .17 percent. How much will the account be worth when you retire in...

Your employer contributes $100 at the end of each week to your retirement account. The account will earn a weekly interest rate of 19 percent. How much will the account be worth when you retire in 30...

your employer contributes $45 at the end of each week to your retirement account. the account will earn a weekly interest rate of .19 percent. How much will the account be worth when you retire in 30...

Your employer contributes $75 at the end of each week to your retirement account. The account will earn a weekly interest rate of .16 percent. How much will the account be worth when you retire in 40...

Your employer contributes $80 at the end of each week to your retirement account. The account will earn a weekly interest rate of 12 percent. How much will the account be worth when you retire in 30...

1: Three years ago, you invested $3,050. Today, it is worth $3,800. What rate of interest did you earn? Question 2: Your crazy uncle left you a trust that will pay you $28,000 per year for the next...

help Save & Your employer contributes $80 at the end of each week to your retirement account. The account will earn a weekly interest rate of 15 percent. How much will the account be worth when you...

Your employer contributes $55 at the end of each week to your retirement account. The account will earn a weekly interest rate of .17 percent. How much will the account be worth when you retire in 25...

Your employer contributes $75 at the end of each week to your retirement account. The account will earn a weekly interest rate of 13 percent. How much will the account be worth when you retire in 30...

The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $18,100; cost...

Suppose the Australia Bureau of Statistics indicated that the Consumer Price Index (CPI) increased to 103.2 in 2019 from 104.5 in 2018. Use this information to answer the following questions: i)...

The following requirements exist for companies whose securities are listed and traded on stock exchanges under the Securities Exchange Act of 1 9 3 4 : ( Check all that apply. ) Multiple select...

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...