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Assume you are 2 5 and earn $ 4 1 comma 0 0 0 4 1 , 0 0 0 per year, never expect to

Assume you are 25 and earn $41 comma 00041,000 per year, never expect to receive a raise, and plan to retire at age 55. If you invest 5 percent of your salary in a401(k) plan returning 1212 percent annually, and the company provides a $0.50 per $1.00 match on your contributions up to 3 percent of salary, what is the estimated future value of your401(k) account? Once you retire, how much can you withdraw monthly if you want to deplete your account over 3030years?
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Part 1
Click the table icon to view the future value annuity table LOADING... and to view the present value annuity table click this table icon LOADING... .
The estimated future value is $enter your response here. (Round to the nearest cent.)
Part 2
If you want to deplete your account over 3030years, the amount you would be able to withdraw is $enter your response here.

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