Johan recently received his annual performance bonus from his employer. He has set up an investment...

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Johan recently received his annual performance bonus from his employer. He has set up an investment savings plan to which he will contribute $2200 each year from his bonus and $420 per month from his regular salary. Johan will make his initial contributions of $2200 and $420 today. a. What will the plan be worth after 25 years if it earns 7.7% compounded monthly? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) FV(due) b. How much did Johan's contributions earn during the 25 years? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Earnings 2$ Johan recently received his annual performance bonus from his employer. He has set up an investment savings plan to which he will contribute $2200 each year from his bonus and $420 per month from his regular salary. Johan will make his initial contributions of $2200 and $420 today. a. What will the plan be worth after 25 years if it earns 7.7% compounded monthly? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) FV(due) b. How much did Johan's contributions earn during the 25 years? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Earnings 2$

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