number 6 only please

number 6 does have one question above number 7 as well

that information is attached. Ot starts with "for salary:"

6. You are waving for retirement. Use the following information to wwer the questions Using the salary in 3. sume you average salary increase is 3.75% per you . Asume that you wave in a 400. the evenge of your first and last year's salary at 15% each year similar to the way you did expe). To tion, you can take the wenge of the fint year working contribute and the last working your contribution and me that is the value for each year's contribution during your career You can throughout your working life Will you have cough in retirement elle bow much you will have How machinesl can you love your holy meet your longevitypal? 7. Contion table for the finger Mon$300,000 Then 20. Grad You pays de 100 pripad When will be more be paid of for salary: b. Your current income/expenses are $100,000 and that is the same standard of living you will have in retirement. To estimate expenses, you can take the average of the first year in retirement and last year in retirement and assume that is the value for each year in retirement. 6. You are saving for retirement. Use the following information to answer the question. a. Using the salary in 5, assume your average salary increase is 3.75% per year. b. Assume that you save in a 401(k) type account the average of your first and last year's salary at 15% each year (similar to the way you did expenses). To estimate contributions, you can take the average of the first year working contribution and the last working year contribution and assume that is the value for each year's contribution during your career. c. You earn 9% throughout your working life. Will you have enough in retirement (tell me how much you will have)? How much in total can you leave your heirs to exactly meet your longevity goal? 6. You are waving for retirement. Use the following information to wwer the questions Using the salary in 3. sume you average salary increase is 3.75% per you . Asume that you wave in a 400. the evenge of your first and last year's salary at 15% each year similar to the way you did expe). To tion, you can take the wenge of the fint year working contribute and the last working your contribution and me that is the value for each year's contribution during your career You can throughout your working life Will you have cough in retirement elle bow much you will have How machinesl can you love your holy meet your longevitypal? 7. Contion table for the finger Mon$300,000 Then 20. Grad You pays de 100 pripad When will be more be paid of for salary: b. Your current income/expenses are $100,000 and that is the same standard of living you will have in retirement. To estimate expenses, you can take the average of the first year in retirement and last year in retirement and assume that is the value for each year in retirement. 6. You are saving for retirement. Use the following information to answer the question. a. Using the salary in 5, assume your average salary increase is 3.75% per year. b. Assume that you save in a 401(k) type account the average of your first and last year's salary at 15% each year (similar to the way you did expenses). To estimate contributions, you can take the average of the first year working contribution and the last working year contribution and assume that is the value for each year's contribution during your career. c. You earn 9% throughout your working life. Will you have enough in retirement (tell me how much you will have)? How much in total can you leave your heirs to exactly meet your longevity goal