Question: correct answer is e 6. Anna was just hired at a salary of $75,000 and plans on investing 15% of her salary each year (over

correct answer is e
correct answer is e 6. Anna was just hired at a salary

6. Anna was just hired at a salary of $75,000 and plans on investing 15% of her salary each year (over a 40-year career) in her 401K retirement plan. Assume Anna receives a 3% raise each year and carns 7% on her investments, the uniform annual amount she can withdraw from her 401K (beginning one year after her last deposit and continuing for a 25-year period) is closest to ... (5) Although 401K investments typically occur with each paycheck, assume that Anna's investments occur at the end of each year. a) $6,542, 239 b) $4,470,772 c) $6,297,477 d) $420,560 le) $282,627 f) $436,893 g) $219,983 b) $3,294,018 i) $561,324 j) $383,593 k) $540,323

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