After you graduate you get a job as a medical account manager making 63 000...

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Calculus

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After you graduate you get a job as a medical account manager making 63 000 per year Being the wise planner you are you want to begin to save for retirement Your employer gives you the option of investing 8 of your monthly pre tax income into a 401k The account earns monthly compound interest at a rate of 7 25 Determine your monthly investment How much money will you have saved in 40 years when you hope to retire

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