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  3. andy is investing in a 401(k) that promises 5.99%

Andy is investing in a 401(k) that promises 5.99% annual growth. He plans on investing...

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Basic Math

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Andy is investing in a 401(k) that promises 5.99% annual growth. He plans on investing $230 each month for 27 years (there is no employer matching). Excel calculates an overall account balance of $185,193.31. How much of Andy's balance is interest?a. $11,093b. $110,673c. $85,243d. $24,959e. $74,520

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