Question: The company has made the following profit-sharing contributions to the retirement plan for Archie and Elaine for each of the related years. 2021 2020


The company has made the following profit-sharing contributions to the retirement plan for Archie and Elaine for each of the related years. 2021 2020 2019 2018 2017 2016 Balance 1/1/16 Archie None $15,000 $0 $13,605 $10,366 $ 8,954 $25,000 All contributions are made December 31 for the indicated year. Elaine None $3,600 $0 $3,265 $2,488 $2,369 $ 0 How have ABC Company's contributions to the retirement plan accounts for Archie and Elaine performed since January 1, 2016 (calculate the IRR)?
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