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In 2015, Nina contributes 11 percent of her $126,000 annual salary to her 401(k) account. She expects to earn a 10 percent before-tax rate of

In 2015, Nina contributes 11 percent of her $126,000 annual salary to her 401(k) account. She expects to earn a 10 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 25 years, what is Ninas after-tax accumulation from her 2015 contributions to her 401(k) account?

A. Assume nina's marginal tax rate is at 30 percent? solve for these next five equations

Before- Tax Contribution?

Future Value?

Future value of Contribution?

Taxes Payable on Distribution?

After tax proceeds from distribution?

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