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At age 2 5 , Jessie graduated from college. Immediately afterwards, she started her first full - time job. Although she had to sacrifice, she

At age 25, Jessie graduated from college. Immediately afterwards, she started her first full-time job. Although she had to sacrifice, she decided to contribute $2,000 a year to her employers Roth 401k plan. She researched employment offers and decided to take job with a company that matched her 401k contribution. Therefore, $4,000 was contributed each year until she retired at age 65. For 40 years, $4,000 was invested into an S&P 500 stock fund within her Roth IRA and it earned a return of 8% per year.
5. At age 65, how much money has Jessie herself contributed to her Roth 401k account? How much money has Jessies employer contributed into her Roth 401k account?
6. At age 65, what is the balance of Jessies IRA (include both contributions and earnings from both her and her employer)?

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