1. Richard has enrolled in a 401(k) saving plan. He intends to deposit $223 each month; his employer does not contribute to his account.

His account pays 3.6% annually. He plans to retired in 34 years.

How much money did Richard put into his 401(k) account over the 34 years?

Round your answer to the nearest cent.

2. Richard has enrolled in a 401(k) saving plan. He intends to deposit $288 each month; his employer does not contribute to his account.

If his account pays 3.6% annually.

How much will be in his account in 21 years?

Round your answer to the nearest cent.

3. has enrolled in a 401(k) saving plan. He intends to deposit $246 each month; his employer does not contribute to his account.

If his account pays 3.1% annually.

His account pays 3.1% annually. He plans to retired in 27 years.

Find how much he put into the account over the 27 years.

Find how much will be in his account in 27 years.

How much interest did he earn in his account over the 27 years?

Round your answer to the nearest cent.

4. Maria works for a not-for-profit company that offers 50% matching for their 403(b) plan. A 403(b) plan is very similar to a 401(k) plan and allows employees to invest their money pre-tax. The plan predicts investors will earn 3.1%.

If Maria invests $186 per month, how much money will her company match her every month?

Round your answer to the nearest cent.