Find how much should high school graduate expect to get

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Reference no: EM132763730

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Assume that your selected job has a retirement plan that allows you to save for 38 years.

Problem 1: If 7% of your monthly income is put into a retirement account, how much should you expect if the annual return is 4.99%?

Problem 2: How much should a high school graduate expect to get if they also save 7% of their salary for 38 years?

Reference no: EM132763730

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