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I need help with these few problems. NOTE: Fill in all yellow areas, and then use the spreadsheet to answer the questions in Canvas. Assume

I need help with these few problems.

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NOTE: Fill in all yellow areas, and then use the spreadsheet to answer the questions in Canvas. Assume you can invest $50 monthly in a Mutual Fund that has delivered a 7.20% annual return over the last 15-years. $50 monthly investment 7.20% annual return 30 years to retirement 20% income tax bracket at retirement ANSWERS What is the total amount you would invest in 30 years? How much would you have in your account if the fund continued to perform at the same annual rate of return until you retired in 30 years? If you were in a 20% tax bracket at retirement, how much would be available to spend if you sold your Mutual Fund at retirement? How much would you have to spend at retirement if your Mutual Fund was in a ROTH IRA instead? Let's say you earned an average of $46,000 per year in the first 10 years of your career. Your employer is willing to match 50%% of your 401k contributions up to 6% of your salary. You decide to contribute 4%. Assuming you have an annual rate of return of 10% (which is a reasonable rate of growth for mutual fund equity investments) how much money will you have after 10 years? 46,000 yearly salary 10 years 10% annual return 4% percent you contribute 2% percent your employer contributes Now let's say that you earned the same amount ($46,000 for 10 years), but decided to take full advantage of your employer's match. (Your employer was willing to match 50% of your 401k contributions up to 6% of your salary.) You decided to contribute the full 6%. Assuming the same annual rate of return of (10%) how much money will you have after 10 years with the adjusted contribution

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