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Tina contributes 9. 5% of her monthly salary towards her 401(k) and her employer matches her contribution up to 5. 4% of her annual salary. If the interest rate of her 401(k) is 8. 1% compounded monthly and her monthly salary is $2,461, determine the amount in her account after 25 years. Round to the nearest cent. A. $339,804. 33 b. $354,452. 86 c. $344,941. 24 d. $347,269. 59.
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Tina contributes 9. 5% of her monthly salary towards her 401(k) and her employer matches her contrib...
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