You have just started a new job that offers a retirement savings account. You have two...

  

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You have just started a new job that offers a retirement savings account. You have two options: You can invest 5% of your monthly wages at 2% OR You can invest 4% of your monthly wages at 4%. Both are compounded monthly. d. Assume that you will always make $45,000 annually, how much will you have saved with the better plan after 25 years? You have just started a new job that offers a retirement savings account. You have two options: You can invest 5% of your monthly wages at 2% OR You can invest 4% of your monthly wages at 4%. Both are compounded monthly. c. Assume that you will always make $40,000 annually, which plan will give you a better return after 25 years? 5% of your monthly wages at 2% 4% of your monthly wages at 4% You have just started a new job that offers a retirement savings account. You have two options: You can invest 5% of your monthly wages at 2% OR You can invest 4% of your monthly wages at 4%. Both are compounded monthly. d. Assume that you will always make $45,000 annually, how much will you have saved with the better plan after 25 years? You have just started a new job that offers a retirement savings account. You have two options: You can invest 5% of your monthly wages at 2% OR You can invest 4% of your monthly wages at 4%. Both are compounded monthly. c. Assume that you will always make $40,000 annually, which plan will give you a better return after 25 years? 5% of your monthly wages at 2% 4% of your monthly wages at 4%