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its all there Required information [The following information applies to the questions displayed below.] In 2021, Nina contributes 13 percent of her $117,000 annual salary
its all there
Required information [The following information applies to the questions displayed below.] In 2021, Nina contributes 13 percent of her $117,000 annual salary to her 401(k) account. She expects to earm a 6 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 20 years, what is Nina's after-tox accumulation from her 2021 contributions to her 401(k ) occount? (Use Table 1. Table 2.) (Round your intermediate calculations and final answers to the nearest whole dollar amount.) a. Assume Nina's marginal tax rate at retirement is 30 percent. Required information [The following information applies to the questions displayed below] In 2021, Nina contributes 13 percent of her $117,000 annual salary to her 401(k) account. She expects to earn a 6 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 20 years. what is Nina's after-tax accumulation from her 2021 contributions to her 401(k) account? (Use Toble 1, Table 2.) (Round your intermediate calculations and final answers to the nearest whole dollar amount.) b. Assume Nina's marginal tax rate at retirement is 20 percent. Required information [The following information applies to the questions displayed below] In 2021, Nina contributes 13 percent of her $117,000 annual salary to her 401(k) account. She expects to earn a 6 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 20 years, what is Nina's after-tax accumulation from her 2021 contributions to her 401(k ) account? (Use Table 1. Table 2.) (Round your intermediate calculations and final answers to the nearest whole dollar amount.) c. Assume Nina's marginal tax rate at retirement is 40 percent. Future Value of $1 Future Value of Amnuity of $1 Step by Step Solution
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