Richard invests $184.67 every month into his 401k. At the end of 30 years, he has abalance of $124.466.49. How much interest did he earn over 30 years?Round each answer to the nearest cent and do not enter the $ as part of your answer, entera number only.I

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Answered: Richard invests $184.67 every month…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Richard invests $184.67 every month into his 401k. At the end of 30 years, he has a balance of $124,466.49. How much interest did he earn over 30 years?