engineering economy

BONUS: A 25 year old graduate engineer accepts employment at a starting annual salary of $/5,000 per year. The firm offers a 1-for-1 401-k matching plan (up to a maximum employee contribution of 6% ). The chosen plan offers a 3 % expected rate of return. The engineer plans to work to age 65. During the period of employment, income is expected to increase Dy a gradient of $2500 per year, starting the second year after beginning employment. Opon receiving the first paycheck, it is noted that 6% has been deducted for the 401-k retirement program. What will the engineer have in the account at retirement? age 65-23 40 graut Sala2500 0.0333