Reece is comparing defined-contribution pension plans with prospective employers. ABC Ltd. is offering a salary of $38,000, and will match 75 percent of his monthly contributions up to 10 percent of his salary, which also happens to be his maximum contribution limit. XYZ Company is offering a salary of $35,000 and will match 100 percent of his contribution up to 6 percent of his salary. Reece can make monthly contributions of up to 15 percent of his salary starting at the end of the month to the defined-contribution plan offered by XYZ Company. If Reece assumes that he will contribute the maximum amount allowed each year and keep these amounts invested for 30 years with a 7 percent return, compounded monthly, how much will his account be worth at each company? How can he use this information in making his employment decision? Assume that his annual salary at either company will remain unchanged.