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a . 2 2 and 3 6 , you contribute $ 1 0 0 0 per year to a 4 0 1 ( k )
a and you contribute $ per year to a and your employer contributes $ per year on your behalf. The interest rate is compounded annually. What is the value of the after years? b Suppose that after years of working for this firm, you move on to a new job. However, you keep your accumulated retirement funds in the How much money will you have in the plan when you reach age c What is the difference between the amount of money you will have accumulated in the and the amount you contributed to the plan?
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a The value of the after years is $
Do not round until the final answer. Then round to the nearest dollar as needed.
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