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Your employer provides a 401(k) retirement plan and matches 100%of your contributions up to 4%. Your annual income is $90,000 andyou expect to earn an annualized 7.0% return on your investment.What is the value of your 401(k) after 30 years if you contribute4% of your annual income? What is the value if the return oninvestment is at a 5.0% annualized rate? How much of a differencewould the 7.0% return scenario be if you stopped makingcontributions five years earlier?
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