Question: Please explain to me the calculation to get to $2567 for this... Sorry I don't know what category this should go under because I'm asking

Please explain to me the calculation to get to $2567 for this... Sorry I don't know what category this should go under because I'm asking for help because of a CS class.

Your total is $2,567 after 1 years. 401(k) Employee Savings Plan: [-] Percent to contribute:% 5 0% 33% 66% 100% Annual salary: $ 50,000 $0 $10k $100k $1m Annual salary increase:% 0 0% 4% 8% 12% 64 15 40 Current age: 65 90 65 10 36 63 Age of retirement: 90 Current 401(k) balance: $ 0 $0 $100k $1m $10m Annual rate of return:% 5 0% 4% 8% 12% Total employee $2,500 contributions

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