Question: 4. Assume you are saving for retirement with the same stipulations as before (3.5% of your monthly income at a rate of 6.25% for the

 4. Assume you are saving for retirement with the same stipulations

4. Assume you are saving for retirement with the same stipulations as before (3.5% of your monthly income at a rate of 6.25% for the account). Use the "Guess and Check" method with the Excel formula you used in Question 3 to determine how long would it take for your account to have just over $1 million dollars? (Give your answer in whole number of years.) Use the "Guess and Check" method with the Excel formula you used in Question 3 to determine how long would it take a high school graduate to have just over $1 million dollars? (Give your answer in whole number of years for this also.) Compare the amount of time taken to reach just over $1 million for you and the high school graduate. Use an absolute change sentence to compare your answers. . 4. Assume you are saving for retirement with the same stipulations as before (3.5% of your monthly income at a rate of 6.25% for the account). Use the "Guess and Check" method with the Excel formula you used in Question 3 to determine how long would it take for your account to have just over $1 million dollars? (Give your answer in whole number of years.) Use the "Guess and Check" method with the Excel formula you used in Question 3 to determine how long would it take a high school graduate to have just over $1 million dollars? (Give your answer in whole number of years for this also.) Compare the amount of time taken to reach just over $1 million for you and the high school graduate. Use an absolute change sentence to compare your answers

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