Question 6 You were a diligent student in your Corporate Finance class. As such, once you got a job following the graduation, you decided to start contributing to your company's retirement plan. If you are able to allocate $250 at the end of each month into your 401(k) and your company offers a matching program (for every dollar you save to your 401(k), your company adds $0.50 to your account), how much will you have in your retirement account 30 years from now? Assuming you stay with this company for 30 years and earn average of 11.50% on this account per year. Note: Report your answer rounded to two decimal places. I

You were a diligent student in your Corporate Finance class. As such, once you got a job following the graduation, you decided to start contributing to your company's retirement plan. If you are able to allocate $250 at the end of each month into your 401(k) and your company offers a matching program (for every dollar you save to your 401(k), your company adds $0.50 to your account), how much will you have in your retirement account 30 years from now? Assuming you stay with this company for 30 years and earn average of 11.50% on this account per year. Note: Report your answer rounded to two decimal places