Question: 2 - How much will you have in 4 0 years assuming an 8 % annualized rate of return and that you are paid twice

2-How much will you have in 40 years assuming an 8% annualized rate of return and that you are paid twice per month (w/employer match contributions
also provided in each paycheck)? This is a time value of money problem. In addition to your answer, share your inputs for N, I, PMT, PV and FV.
 2-How much will you have in 40 years assuming an 8%

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!