3. Your 401(k) plan has stock of ABC, which cost $15,000 12 years ago when you were 50 years old. You have been lucky, and the stock is now worth $29,500. You are in the 24 percent income tax bracket and pay 15 percent on long-term capital gains. a) What was the annual rate of growth in the value of the stock? b) Are you going to save or owe taxes if you decide to sell the stock? What are the taxes owed or saved if you withdraw the funds? 4. For 15 years through age 62, you contribute $5,500 to your traditional IRA and earn 4.5 percent annually. If you are in the 32 percent income tax bracket, what will be your annual tax obligation when you withdraw the funds for the next 10 continue to earn 4.5 percent? years if your funds