Future value. You are a new employee with the Motro Doliy Planet. The Planet offers thee different rebirement plans, Plan 1 starts the first day of work. and puts $1,300 anway in your retirement account at the ond of every year for 40 years. Plan 2 starts after 10 years and puts away $2,800 avery year for 30 yean. Plan 3 starts aher 20 years and puts away $3,800 every year for the las 20 years of employment. Al tree plans guaranteo an annual growh rate of 5% a. Which plan should you choose if you plan to work at the Planet for 40 years? b. Which plan should you choose if you plan to work at the Planet for only the next 30 years? c. Which plan should you choose if you plan to work at the Plaset for only the next 20 years? d. Which plan should you choose if you plan to work at the Planet for only the next 10 years? e. What do the answers in parts (a) through (d) imply about savinge? a. Which plan should you choose if you plan to work at the Planet for 40 years? (Select the beat response.) A. Plan 2 because tr offers the highent tuture value. B. Plan 3 because it ofiers the highest future value. C. Plan 1 because it oflers the highest future value. D. Any one of the three plans because they offer the same future value. b. Which plan should you choose if you plan to work at the Planet for only the next 30 yearn? (Select the best response) A. Plan 2 because 2 offers the highest fature value. a. Plan 3 because it eflers the highest future value. c. Plan 1 because it oflere the highest future value. D. Amy one of the three plans because they affer the same future value. c. Which plan should you choose if you plan to work at the Planet for only the next 20 years? (Select the best response.) A. Plan 1 because it offers the highest future value. B. Plan 2 because it offers the highest future value. C. Plan 3 because it offers the highest future value. D. Any one of the three plans because they offer the same future value. d. Which plan should you choose if you plan to work at the Planet for only the next 10 years? (Select the best response.) A. Plan 1 because it offers the highest future value. B. Plan 2 because it offers the highest future value. C. Plan 3 because it offers the highest future value. D. Any one of the three plans because they offer the same future value. e. Which of the following factors affect the future value of the retirement account? (Select all that apply.) A. Size of the retirement contributions. B. Taxation of the retirement contributions. C. Duration of the retirement account contributions. D. Rate of return on the retirement account