Your new job offers a savings plan that pays 125 percent in interest each month You can’t participate in the plan, however, until you have 7 years with the company. At that time you will start saving $450 a month for the next 15 years How much will you have in this savings account in 22 years? Round your answer to two decimals $ Another perk of your new job is that, after 7 years with the company, you will also get an increase of $150 in your monthly salary Assume you would stay with the company for 15 more years after getting the salary increase, and that you discount at 125 percent each month What is this
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