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In this video I will explain and find total payments of a 401K plan.
Next video in this series can be seen at:
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Write an article about Business Math – Finance Math (14 of 30) The 401K Plan (Explained) in English
Where did the 0.06 came from?
Thanks!
Dear Sir, Is a 401K Plan and an IRA (Individual Retirement Account) basically the same kind of account? Thank you.
why the total payment isnt 40x52x100,,, as jim pays 100 in the account every week
thanks
can you please explain how t = 40 in this scenario. thank you