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Supppose you work for a company that has a 401k plan. Your first-year annual salary is $28,200 and you are contributing 10% of
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okay so if it says ...how much will u have ontributed to the plan after 6 months...should i do: 28,200/12 x (.1)to the n-1 power or should i not divide by 12?
well for the first one...i came up with a sub n= 28,200x(.1) to the (n-1) power is that right?