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Sample Exam Problems a. 1. Stephanie is going to contribute $160 on the first of each month, starting today to her retirement account Her employer

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Sample Exam Problems a. 1. Stephanie is going to contribute $160 on the first of each month, starting today to her retirement account Her employer will provide a match of 50 percent. In other words, her employer will add $80 to the amount Stephanie sa ves. If both Stephanie and her em ployer continue to do this and she can eam a monthly interest rate of 0.45 percent, how much will she have in her retirement account 35 yearsfrom now? $336,264.14 b. $204,286.61 $199,312.04 $268,418.78 $299,547.97 c. d e

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