1. Will is 30 years old and works for a company that matches his 401(k) contribution up to 3%. The interest rate for
his 401(k) is 7.13%. If he puts away 9% of his $41,000 salary every year, how much would he have saved in 10
years? Round your answer to the nearest cent.
Oooo
$52,835.72
$56,602.91
$68,395.76
$73, 272.37