both with the fv function in excel

You just graduated from college and your new employer offers a 401(k) where they match your contribution, dollar for dollar. You want to know the accumulated balance in your 401(k), including your employer's contribution, assuming you contribute either $950 per month or $1,150 per month, and the fund earns 8.9% annually. 1. Assuming you and your employer each invest $950 per month, what will be the value of your 401(k) at the end of 22 years