Question: Desired profession: ____________Web Software Developer____________________________ Salary: $ ___75,000_________ per year ( gross income ) oPer month: _____6,250_______ After tax: $ _____56,250_______ per year ( net
Desired profession: ____________Web Software Developer____________________________
Salary: $ ___75,000_________ per year (gross income)
oPer month: _____6,250_______
After tax: $ _____56,250_______ per year (net income) (can assume 25% paid in income taxes)
oPer month: __4,687__________
You have been offered your dream job at its average starting salary. You want to invest part of your income for retirement. Complete the following table to see what the value of your savings will be when you are ready to retire.
Starting Amount
Investment Length
Return Rate
______%
Monthly Deposit
Value in 30 Years
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