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OpenStudy (anonymous):
Someone PLEASE help me :) Lauren will make annual contributions in the amount of $4,120, on average, to a 401(k) over the next 32 years. Her employer will match 85% of her contributions. She is currently being taxed at 33%, but anticipates being taxed at 15% upon retirement. If her account grows at an average rate of 4.9% annually, what is the value of Lauren’s 401(k) upon retirement?
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