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A 3 1 year old employee who has just been hired will contribute part of Their paycheck monthly to a 4 0 1 ( k
A year old employee who has just been hired will contribute part of Their paycheck monthly to a The employee's starting salary is $ a year. An annual raise of is given to every employee each year. The employee plans to work for the company until they retire at age and start withdrawing from their of their ending salary each year they are retired. The employee expects to be retired for years. They will withdraw the money in monthly installments. The earns per year compounded monthly.
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