is invested in a diversified stock fund. His salary into a retirement account, and his employer matches o A new employee puts 4% of his salary of $65.000 this, also putting 3% into the account. The is...

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is invested in a diversified stock fund. His salary<br>into a retirement account, and his employer matches<br>o A new employee puts 4% of his salary of $65.000<br>this, also putting 3% into the account. The<br>is invested in a diversified stock fund. His salam<br>increases 2.5% per year.<br>money<br>(a) What is the value of the account after 10 years?<br>(b) What is the value of the employer's matching<br>funds?<br>(c) How much will be in the account after 40 years?<br>

Extracted text: is invested in a diversified stock fund. His salary into a retirement account, and his employer matches o A new employee puts 4% of his salary of $65.000 this, also putting 3% into the account. The is invested in a diversified stock fund. His salam increases 2.5% per year. money (a) What is the value of the account after 10 years? (b) What is the value of the employer's matching funds? (c) How much will be in the account after 40 years?

Jun 10, 2022

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is invested in a diversified stock fund. His salary into a retirement account, and his employer matches o A new employee puts 4% of his salary of $65.000 this, also putting 3% into the account. The is...

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