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Your employer contributes $80 a week to your retirement plan. Assume you work for your employer for 30 years and the applicable interest rate is
Your employer contributes $80 a week to your retirement plan. Assume you work for your employer for 30 years and the applicable interest rate is 9 percent. Given these assumptions, what will this employee benefit amount to on the day you leave the company?
A. $639,948.76
B. $760,297.84
C. $231,928
D. $428,927.38
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