Your employer just contributed $4,100 to your pension fund for you. You and your employer...
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Your employer just contributed $4,100 to your pension fund for you. You and your employer will not make any additional contributions to your pension fund before you retire. Assume that the pension fund can achieve a return of 14 percent per year. a. You will retire in 26 years. What will the value of the pension fund be at that time? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if your employer wait 10 years before making the contribution for your? (The contribution will be made in 10 years) (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value for starting now b. Future value if waiting 10 years
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