Economics 1. you are making $50,000 at a new job. the 401k match is 100% up to 5% and you vest 20% per year after one full year of employment. you choose to invest 10% of your income. ignoring any growth, at the at the end of 1 year, what should be in your "money bucket", how much should be in the company "match bucket" and how much is in the "vested bucket"? a - $5000, $2500, $500 b - $2500, $2500, $2500 C - $5000, $2500, $2500 d - $5000, $5000, $5000 e - $2500, $2500, $500 2. 59% of the first payment of a 30-year mortgage of $425,000 at 2.95% will be applied to interest true or false

Economics 1. you are making $50,000 at a new job. the 401k match is 100% up to 5% and you vest 20% per year after one full year of employment. you choose to invest 10% of your income. ignoring any growth, at the at the end of 1 year, what should be in your "money bucket", how much should be in the company "match bucket" and how much is in the "vested bucket"? a - $5000, $2500, $500 b - $2500, $2500, $2500 C - $5000, $2500, $2500 d - $5000, $5000, $5000 e - $2500, $2500, $500 2. 59% of the first payment of a 30-year mortgage of $425,000 at 2.95% will be applied to interest true or false

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 12P

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