question archive Your employer contributes $50 a week to your retirement plan
Your employer contributes $50 a week to your retirement plan
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Your employer contributes $50 a week to your retirement plan. Assume you work for your employer for another twenty years and the applicable discount rate is 5 percent, compounded weekly. Given these assumptions, what is this employee benefit worth to you today? And can you please do the math out step by step?
$29,144.43
$35,920.55
$32,861.08
$26,446.34
$36,519.02
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