Question: can you please help with this homework assignment? Thank you! CHAPTER 2, ACTIVITY 2: RETIREMENT AND GRAPHING PRE-RETIREMENT Years Working 40 401k APR 8% Contribution%

can you please help with this homework assignment? Thank you! CHAPTER

can you please help with this homework assignment? Thank you!

CHAPTER 2, ACTIVITY 2: RETIREMENT AND GRAPHING PRE-RETIREMENT Years Working 40 401k APR 8% Contribution% MATCH LIMIT Matching% Year 1 Salary $60,000 Annual Salary Growth 3% POST-RETIREMENT Years in Retirement Income Fund APR Charity Contribution 25 4% $300,000 YEAR SALARY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Employee Contribution Employer Contribution 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 WITHDRAWAL ENDING BALANCE YEAR BEG BALANCE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 WITHDRAWAL Contribution% $0 5.0% 7.0% 9.0% 401k APR 7.0% 8.0% This table will generate automatically for grading: 401k APR $0 $0 $0 $0 $0 $0 ENDING BALANCE 9.0% $0 6895

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