Your company sponsors a 401(k) plan into which you deposit 12 percent of your $70,000 annual income. Your company matches 50 percent of the first 4 percent of your earnings. You expect the fund to yield 8 percent next year. Assume you are currently in the 31 percent tax bracket. a. What is the total annual investment in the 401(k) plan at year-end? (Round your answer to the nearest whole number. (e.g., 32)) b. What is your one-year return? (Round your answer to 2 decimal places. (e.g., 32.16)) a. Annual investment b. One-year return % An employee contributes $16,000 to a 401(k) plan each year, and the company matches 10 percent of this annually, or $1,600. The employee can allocate the contributions among equities (earning 13 percent annually), bonds (earning 6 percent annually), and money market securities (earning 4 percent annually). The employee expects to work at the company 15 years. The employee can contribute annually along one of the three following patterns: Equities Bonds Money market securities Option 1 60% 40 100% Option 2 50% 45 5 100% Option 3 40% 50 10 100% Calculate the terminal value of the 401(k) plan for each of the 3 options, assuming all returns and contributions remain constant over the 15 years. (Do not round intermediate calculations. Round your answers to the nearest whole number. (e.g., 32)) Option 1 Option 2 Option 3