Question $1$

Joe earns $$39,000$ per year, and he's paid monthly. His employer offers a $401(k)$ plan with $50\%$ matching up to $9\%$ of salary. What is the minimum amount of money that

to contribute to his $401(k)$ each month to get the maximum contribution from his employer?

Note: Round your final answer to two decimal places. Do NOT include a dollar sign in your final answer.

Question $2$

Suppose Joe contributes the minimum amount of money to his $401(k)$ to get the maximum contribution from his employer. How much money will his employer contribute to his

$401($k$)$ each month?

Note: Round your final answer to two decimal places. Do NOT include a dollar sign in your final answer.

Question $3$

Suppose Joe contributes the minimum amount of money to his $401(k)$ each month to get the maximum contribution from his employer. Joe is $26$ years old, and he would like to

retire when he's $65$ years old. How much money will Joe accumulate by the time he retires? Assume his investments will earn an interest rate of $6\%,$ which is a reasonable inflation$-$

adjusted return for a diversified investment portfolio.

Note: Round your final answer to two decimal places. Do NOT include a dollar sign in your final answer.