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Congratulations! You just landed your dream job with a starting salary of $ 7 5 , 0 0 0 per year. Your new employer offers

Congratulations! You just landed your dream job with a starting salary of $75,000 per year. Your new employer offers a 401(k) plan and they will match your 4% contributions dollar-for-dollar. You sign up to contribute 4% of your salary per year, so the company will contribute an additional 4%, and you believe your mix of investments chosen in the plan will earn 6% per year.
How much do you expect to have in your 401(k) account a the end of ten years? Enter as a positive number.
(to be conservative, you assume your salary stays constant over the 10 years. contributions will come from your bi-weekly paycheck, but for simplicity you assume one payment at every year end.)
Group of answer choices
a. $79,085
b. $65,190
c. $59,314
d. $43,982

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