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Suppose that you make contributions of $225 every pay period for the following number of years. Further assume that your retirement account earns an average

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Suppose that you make contributions of $225 every pay period for the following number of years. Further assume that your retirement account earns an average return of 8% per year and the company matches 50% of the employee contribution. Use the following table to compute the following three values, rounded to the nearest whole dollar. 4% 5% 6% 7% 8% 9% Pay periods 234 196.3849 188.2900 180.6519 173.4412 160.1945 260 204.4526 195.3505 186.8090 166.6305 178.7886 259.2222 214.1580 357.7566 171.2528 520 328.5189 302.6353 279.6629 240.9872 780 454.0431 403.8051 361.5551 365.7305 325.8162 328.8959 295.4078 297.6796 259.3832 271.0593 806 461.7209 409.4666

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