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In 2 0 2 3 , Maggy ( 3 4 years old ) is an employee of YBU Corporation. YBU provides a 4 0 1
In Maggy years old is an employee of YBU Corporation. YBU provides a k plan for all its employees. According to the terms of the plan, YBU contributes cents for every dollar the employee contributes. The maximum employer contribution under the plan is percent of the employee's salary if allowed, YBU contributes until the employee has contributed percent of her salaryUse Exhibit
c Maggy wants to maximize YBU's contribution to her k account in How much should Maggy contribute to her k account assuming her annual salary is $and assuming she works for YBU for the entire year
Maggy's contribution:
d Maggy wants to maximize YBU's contribution to her k account in Assume Maggy is years old rather than years old at the end of the year.
How much should Maggy contribute to her k account assuming her annual salary is $and assuming she works for YBU for the entire year
Maggy's contribution:
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