Your Employer Contributes $25 a Week to Your Retirement Plan

Multiple Choice

Your employer contributes $25 a week to your retirement plan. Assume that you work for your employer for another twenty years and that the applicable discount rate is 5%. Given these assumptions,what is this employee benefit worth to you today?

A) $13,144.43
B) $15,920.55
C) $16,430.54
D) $16,446.34
E) $16,519.02