Question: An employee contributes $ 1 5 , 4 0 0 to a 4 0 1 ( k ) plan each year, and the company matches
An employee contributes $ to a plan each year, and the company matches percent of this annually, or $ The
employee can allocate the contributions among equities earning percent annually bonds earning percent annually and money
market securities earning percent annually The employee expects to work at the company years. The employee can contribute
annually along one of the three following patterns:
Calculate the terminal value of the plan for each of the options, assuming all returns and contributions remain constant over
the years. Do not round intermediate calculations. Round your answers to the nearest whole number. eg
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