core: 0 of 1 pt 23 of 30 (29 complete) HW Score: 75.71%, 26.5 of 3 6.5.35 Assigned Media Question Help a. Suppose that between the ages of 22 and 26, you contribute $1000 per year to a 401(k) and your employer contributes $500 per year on your behalf. The interes rate is 7.8% compounded annually. What is the value of the 401(k) after 4 years? b. Suppose that after 4 years of working for this firm, you move on to a new job. However, you keep your accumulated retirement funds in the 401(k). How much money will you have in the plan when you reach age 657 c. What is the difference between the amount of money you will have accumulated in the 401(k) and the amount you contributed to the plan? a. The value of the 401(k) after 4 years is $] (Do not round until the final answer. Then round to the nearest dollar as needed.) Enter your answer in the answer box and then click Check Answer 2 parts Clear A Check Answer remaining Copyright 2020 Pearson Education Inc. All rights reserved. Terms OLUSET Envas POTCYT Pemissions B to search O E