If a 22-year-old college graduate gets a job in the first year…

Question Answered step-by-step If a 22-year-old college graduate gets a job in the first year… If a 22-year-old college graduate gets a job in the first year after they graduate from college, and puts $20 a week into their 401(k) at 12%* annual interest and retires at age 65 they will have $ Blank 1 when they retire.If they wait until they are 40 years old to start saving money given the same interest rate and the same retirement age, they will need to invest roughly $ Blank 2 each week in order to have the same amount of money when they retire. * this is the average annual rate of return of the US stock market over the last roughly 40 years.Both of your answers should be in whole numbers with no commas. Accounting Business Financial Accounting Share QuestionEmailCopy link Comments (0)