Mathematics, 26.10.2019 04:43 krisgrace1485
Lauren will make annual contributions in the amount of $4,770, on average, to a 401(k) over the next 34 years. her employer will match 60% of her contributions. she is currently being taxed at 33%, but anticipates being taxed at 15% upon retirement. if her account grows at an average rate of 5.5% annually, what is the value of lauren's 401(k) upon retirement?
$381,435.69
$395,228.47
$481,057.72
$610,297.11
and explain
Answers: 1
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Lauren will make annual contributions in the amount of $4,770, on average, to a 401(k) over the next...
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