Mathematics, 13.02.2020 13:01 jorfos7683

Shawn's employer will match his contribution into a retirement plan up to 5% of his $32,000 annual salary, in other words, the employer will put $1 into his retirement plan, for every $1 shawn puts into his retirement plan up to the limit. find the future amount in 8 years of every quarter he contributes, the maximum allowed assuming
(a) funds earn 4% compounded quarterly
(b) funds earn 8% compounded quarterly
(c) find the difference between the two

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Shawn's employer will match his contribution into a retirement plan up to 5% of his $32,000 annual s...