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3. Assuming Kevin makes maximum contribution, in addition to employer matching (which is the answer from previous question) for 30 years and assumes a 12%
3. Assuming Kevin makes maximum contribution, in addition to employer matching (which is the answer from previous question) for 30 years and assumes a 12% rate of return. How much will he have in his retirement account in 30 years? 5 pts 4. Using the answers to Question 3 as the amount in Kevin's retirement account when he reaches retirement, how much could Kevin withdraw from this account each year if he wanted to make 25 withdrawals and the account earned 5% annually over this 25-year period? 10 pts 3. Assuming Kevin makes maximum contribution, in addition to employer matching (which is the answer from previous question) for 30 years and assumes a 12% rate of return. How much will he have in his retirement account in 30 years? 5 pts 4. Using the answers to Question 3 as the amount in Kevin's retirement account when he reaches retirement, how much could Kevin withdraw from this account each year if he wanted to make 25 withdrawals and the account earned 5% annually over this 25-year period? 10 pts
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