[All Steps] Judith has become eligible to participate in her company's retirement plan. Her company matches her contributions dollar for dollar. The plan averages
Question: Judith has become eligible to participate in her company's retirement plan. Her company matches her contributions dollar for dollar. The plan averages an annual return of 12% interest compounded annually. Judith is 40 and plans to retire at 65. If she contributes $200 per a month, how much does her employer contribute? How much will she have in her retirement plan at retirement?
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