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Lynn is 2 2 years old and just began to work at Hewett. Lynn ' s salary is $ 4 0 , 0 0 0

Lynn is 22 years old and just began to work at Hewett. Lynn's salary is $40,000 and plans to contribute 10% of her salary to her 401k which currently has Lynn plans to retire at 62 and anticipates raise in her salary of 1% each year.
The anticipated rate of return for the 401k is 5%. The employer will match 100% of what the employee contributes but with a salary limit for the match at How much will Lynn contribute during her 40 years of employment? (This is the total employee contributions). Round to the nearest cent.
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