You Started Your First Job After Graduating from College

question 156

Multiple Choice

You started your first job after graduating from college. Your company offers a retirement plan for which the company contributes 25 percent of what you contribute each year. You expect to contribute $5,000 per year from your salary. You decide to invest the contributions in assets that you expect to earn 8 percent per year. If you plan to retire in 35 years, how big will you expect that retirement account to be?

• A) $861,584.02
• B) $921,597.31
• C) $972,110.74
• D) $1,076,980.02

---

Definitions:

Corpus Callosum

A thick band of nerve fibers that connects the left and right hemispheres of the brain, allowing communication.

Gray Matter

Unmyelinated neurons.

Positive Parenting

An approach to parenting that emphasizes communication, nurturing, affection, and encouragement to support child development.

Family Disadvantage

Relates to the negative impacts on an individual's development that arise from factors such as poverty, lack of education, and family strife.