jan has 7.5% of her earnings deposited into her retirement plan. if $300 per month is deposited in the plan, find her monthly an

Question

3 years ago

10

d yearly earnings

2 answers:

Otrada [13] · Answer 1 · 2022-03-07T14:57:26+03:00

7 0

(300/7.5)*100 = $ 4000 per month

12*4000 = $48,000

or do you need to compounded interest monthly??

Orlov [11] · Answer 2 · 2022-03-07T15:58:46+03:00

Orlov [11]3 years ago

7 0

Hello there

per month it is 4,000 so you multiply 12 and 4,000 you get

the answer is <em>48,000</em>

thank you

hope this helps

Best Regards Queen Z