Question 393 pts Let's compare the retirement savings of hypothetical men and women. We make the following simplifying assumptions: . . . Super contributions are concessional, quarterly and a constant amount Men's gross quarterly contribution amount is $1,500, Women's gross contribution amount is 14% lower (current gender pay gap), Both have a $0 starting balance at age 25, Men have regular contributions from age 25 to 67 Women have regular contributions from age 25 to 32, and from 35 to 67 (there are *no contributions from age 32-35 as they take a career break). Their super returns 6% p.a. after indirect fees and taxes are deducted, . . I There are no direct fees or insurance premiums. How much are men expected to accumulate by age 67? Group of answer choices $951,845 $915,845 $1,055,703 $1,191,818 Question 393 pts Let's compare the retirement savings of hypothetical men and women. We make the following simplifying assumptions: . . . Super contributions are concessional, quarterly and a constant amount Men's gross quarterly contribution amount is $1,500, Women's gross contribution amount is 14% lower (current gender pay gap), Both have a $0 starting balance at age 25, Men have regular contributions from age 25 to 67 Women have regular contributions from age 25 to 32, and from 35 to 67 (there are *no contributions from age 32-35 as they take a career break). Their super returns 6% p.a. after indirect fees and taxes are deducted, . . I There are no direct fees or insurance premiums. How much are men expected to accumulate by age 67? Group of answer choices $951,845 $915,845 $1,055,703 $1,191,818