Question: Lori, age 2 2 , earns $ 5 0 , 0 0 0 per year and she invests 6 % of her salary, $ 3
Lori, age earns $ per year and she invests of her salary, $ annually, through her employer sponsored k retirement account. Because her employer also contributes $ for every dollar she contributes, Lori is saving $ each year $ $ Even if she never increases her k contributions, how much money will she have in the account after years if she earns an annual return? assume no pay increases for simplicity Hint: use Appendix A in text.
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