Business Math - Finance Math (14 of 30) The 401K Plan (Explained)

Visit http://ilectureonline.com for more math and science lectures! In this video I will explain and find total payments of a 401K plan. Next video in this series can be seen at: https://youtu.be/xc95VatOpV8

Comments

1. Dear Sir, Is a 401K Plan and an IRA (Individual Retirement Account) basically the same kind of account? Thank you.
2. why the total payment isnt 40x52x100,,, as jim pays 100 in the account every week
   thanks
3. can you please explain how t = 40 in this scenario. thank you