Crystal begins depositing ($ 450) per month from her paycheck each month in her employer-based 401(k) account.
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Crystal begins depositing \(\$ 450\) per month from her paycheck each month in her employer-based 401(k) account. The employer matches \(\$ 350\) of each deposit. Crystal expects the return to average \(9 \%\) per year, compounded annually.
1. How much will Crystal's account be worth if she keeps making those payments for 25 years?
2. What will her account be worth without the matching funds?
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