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2. Jane Doe is considering job offers from ABC and XYZ companies. Jane is 45 years old. ABC sponsors a prot sharing plan and XYZ

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2. Jane Doe is considering job offers from ABC and XYZ companies. Jane is 45 years old. ABC sponsors a prot sharing plan and XYZ sponsors a 401(k) plan. Jane wants to figure out which company has the better plan for her. Details for the plans are listed below. ABC Company - Employees are eligible after one year of service. The company contributes 3% of pay to each participant's account plus an additional amount based on company performance. The average additional amount each year for the past 15 years has been 4% of pay. XYZ Company ~ Employees are eligible to participate immediately. Employees can contribute up to 15% of pay to the plan. XYZ will match all contributions up to 5% of pay. a. Project Jane's account balance to age 65 under both company plans. What assumptions do vou need to make about Jane's future

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