Suppose you are paid $2,000 per month and your employer's 4010k) matches your contributions by 15%...

 

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Suppose you are paid $2,000 per month and your employer's 4010k) matches your contributions by 15% up to a maximum of 15% of your pay. Assuming you max-out your retirement savings and you work for 30years, hew much will the 4010) be worth when you retire (if you can get an APR of 6% during your work years)? Suppose that when you retire, you are taxed at a rate of 24%, how much will you receive at retirement then? Ater you pay your taxes, nuppose you purchase an annuty for 30 years at an APR of 5%. How mach will your monthly payments be? Finally, if inflation stays at 2%. What will be the worth of your monthly paymenta in today's dollara Round all answern to 2 decimal places Before taxes retirement amount $Nuber After taxes retirement amount $N Momah retirement amount $ Monrhh retirement amount accounting for inflation $ Suppose you are paid $2,000 per month and your employer's 4010k) matches your contributions by 15% up to a maximum of 15% of your pay. Assuming you max-out your retirement savings and you work for 30years, hew much will the 4010) be worth when you retire (if you can get an APR of 6% during your work years)? Suppose that when you retire, you are taxed at a rate of 24%, how much will you receive at retirement then? Ater you pay your taxes, nuppose you purchase an annuty for 30 years at an APR of 5%. How mach will your monthly payments be? Finally, if inflation stays at 2%. What will be the worth of your monthly paymenta in today's dollara Round all answern to 2 decimal places Before taxes retirement amount $Nuber After taxes retirement amount $N Momah retirement amount $ Monrhh retirement amount accounting for inflation $

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Oues Montly pay 2000 401K contibution 15 86 2000 300 PMT APR ... View the full answer