Frum Ch 01: Apply What You've Learned -Understanding Personal Finance Suppose that you make contributions of $121 every pay period for the following number of years. Further assume that your retirement account earns an average return of 6% per year and the company matches 50% of the employee contribution. Future Value of a Series of Equal Amounts 5% 6% 7% 8% 9% 234 260 520 196.3849 188.2900 180.6519 173.4412 166.6305 160.1945 214.1580 204.4526 195.3505 186.8090 178.7886 171.2528 357.7566 328.5189 302.6353 279.6629 259.2222 240.9872 780 454.0431 403.8051 361.5551 325.8162 295.4078 269.3832 461.7209 409.4666 365.7305 328.899 297.6796 271.0593 Value of retir 33 years old (260 pay periods) 43 years old (520 pay periods) 53 years old (780 pay periods)