Work

Part $1$ of $5$

a$.$ Which plan should you choose if you plan to work at the Planet for $40$ years?

b$.$ Which plan should you choose if you plan to work at the Planet for only the next $30$ years?

c$.$ Which plan should you choose if you plan to work at the Planet for only the next $20$ years?

d$.$ Which plan should you choose if you plan to work at the Planet for only the next $10$ years?

e$.$ What do the answers in parts $($a$)$ through $($d$)$ imply about savings?

a$.$ Which plan should you choose if you plan to work at the Planet for $40$ years? $($Select the best response.$)$

A$.$ Plan $1$ because it offers the highest future value.

B$.$ Plan $2$ because it offers the highest future value.

C$.$ Plan $3$ because it offers the highest future value.

D$.$ Any one of the three plans because they offer the same future value.

ANSWER A$,$B$,$C$,$D$,$ and E