You are offered a job upon graduation that offers a very attractive benefits package including a 401(k) retirement plan. Your company matches 50% of your contributions to the plan. Build a model that calculates the future value of your contributions plus your employers contributions at the end of 25 years given the following information

1. You contribute $6,500 per year for years 1-5

2. You contribute $7,500 per year for years 6-10

3. You contribute $8,500 per year for years 11-15

4. You contribute $9,500 per year for years 16-20

5. You contribute $10,000 per year for years 21-25

You earn an average 8.5% on your investment portfolio.

Answer rating: 100% (QA)

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