Question: In the 401(k) Max Contrib column, use an IF function to determine the maximum 401(k) contribution for each employee. Employees who are age 50 or

In the 401(k) Max Contrib column, use an IF function to determine the maximum 401(k) contribution for each employee. Employees who are age 50 or older are allowed to contribute up to $22,000 during the year to their 401(k) plan; all employees under age 50 can contribute a maximum of $17,000 during the year. (5 marks

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