HW Score! U%, U ol 9 pts Problem 15-6 (similar to) Question Help Thapte 7/16/ Reece is comparing retirement plans with prospective employers. ABC, Inc., offering a salary of $38,600 will match 75 percent of his contributions up to 10 percent of his salary, his maximum contribution XYZ Company will match 100 percent of his contribution up to 6 percent of salary, but he can contribute up to 15 percent of his % (0g income XYZ Company is offering a $36,200 salary. If Reece assumes that he will contribute the maximum amount allowed and keep these first-year retirement funds invested for 25 years with a return of 6 percent, how much would each account be worth? How can he use this information when choosing an employer? Click on the nlimit table icon to view the FVIF table If Reece assumes that he will contribute the maximum amount allowed and keep these first-year retirement funds invested for 25 years with a return of 6 percent, the estions ABC account will be worth $ (Round to the nearest cent) rrect 1) 2) Enter your answer in the answer box and then click Check Answer 2 remaining rsonal Policy parts Clear All Check re to search O RI d Tu contribution YZ Company is offering a or 25 years with a return of to view the FVIF table ! his contributions up contribute up to 1 ep these first-year hoosing an employ ssumes that he will contrib unt will be worth $ (RO ears with a return Compound Sum of $1 (FVIF) n 5% 6% 7% 8% 9% 10% 11% 12% 20 2.6533 3.2071 3.8697 4.6610 5,6044 6.7275 8 0623 9.6463 25 3.3864 4.2919 5.4274 6.8485 8,6231 10.8347 13.5855 17.0001 26 3.5557 4.5494 5.8074 7.3964 9.3992 11.9182 15.0799 19.0401 27 3.7335 4.8223 6.2139 7.9881 10.2451 13.1100 16.7386 21.3249 28 3.9201 5.1117 6.6488 8.6271 11.1671 14.4210 18.5799 23.8839 29 4. 1161 5.4184 7.1143 9.3173 12.1722 15.863120623726.7499 30 4.32195.7435 7.6123 10.0627 13.2677 17.4494 22.8923 29.9599 31 4.5380 6.0881 8.1451 10.8677 14 4618 19.1943 25 4104 33.5551 32 4.76496 4534 8.7153 11.737115.7633 21.113828 2056 37 5817 33 5.0032 6.8406 9.3253 12.6760 17. 1820 23 2252 31 3082 42 0915 34 5.2533 7.2510 9.9781 13.6901 18.7284 25.5477 34 7521 47.1425 35 5.5160 7.6861 10.6766 14.7853 20 4140 28.1024 38.5749 52.7996 N answer in the answer bo Print Done ng Check AS o a HW Score! U%, U ol 9 pts Problem 15-6 (similar to) Question Help Thapte 7/16/ Reece is comparing retirement plans with prospective employers. ABC, Inc., offering a salary of $38,600 will match 75 percent of his contributions up to 10 percent of his salary, his maximum contribution XYZ Company will match 100 percent of his contribution up to 6 percent of salary, but he can contribute up to 15 percent of his % (0g income XYZ Company is offering a $36,200 salary. If Reece assumes that he will contribute the maximum amount allowed and keep these first-year retirement funds invested for 25 years with a return of 6 percent, how much would each account be worth? How can he use this information when choosing an employer? Click on the nlimit table icon to view the FVIF table If Reece assumes that he will contribute the maximum amount allowed and keep these first-year retirement funds invested for 25 years with a return of 6 percent, the estions ABC account will be worth $ (Round to the nearest cent) rrect 1) 2) Enter your answer in the answer box and then click Check Answer 2 remaining rsonal Policy parts Clear All Check re to search O RI d Tu contribution YZ Company is offering a or 25 years with a return of to view the FVIF table ! his contributions up contribute up to 1 ep these first-year hoosing an employ ssumes that he will contrib unt will be worth $ (RO ears with a return Compound Sum of $1 (FVIF) n 5% 6% 7% 8% 9% 10% 11% 12% 20 2.6533 3.2071 3.8697 4.6610 5,6044 6.7275 8 0623 9.6463 25 3.3864 4.2919 5.4274 6.8485 8,6231 10.8347 13.5855 17.0001 26 3.5557 4.5494 5.8074 7.3964 9.3992 11.9182 15.0799 19.0401 27 3.7335 4.8223 6.2139 7.9881 10.2451 13.1100 16.7386 21.3249 28 3.9201 5.1117 6.6488 8.6271 11.1671 14.4210 18.5799 23.8839 29 4. 1161 5.4184 7.1143 9.3173 12.1722 15.863120623726.7499 30 4.32195.7435 7.6123 10.0627 13.2677 17.4494 22.8923 29.9599 31 4.5380 6.0881 8.1451 10.8677 14 4618 19.1943 25 4104 33.5551 32 4.76496 4534 8.7153 11.737115.7633 21.113828 2056 37 5817 33 5.0032 6.8406 9.3253 12.6760 17. 1820 23 2252 31 3082 42 0915 34 5.2533 7.2510 9.9781 13.6901 18.7284 25.5477 34 7521 47.1425 35 5.5160 7.6861 10.6766 14.7853 20 4140 28.1024 38.5749 52.7996 N answer in the answer bo Print Done ng Check AS o a
