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Company starting salary 75000 retirement benefits 401k with

Company starting salary 75,000 retirement benefits 401k with annual contribution of 5% company will match 3% (for max contribution of 8% salary) avg 401k return within mutual fund options at 8% per year sign on bonus 0 annual bonus after 2 years of service annual bonus of $2000 per year ( 5% of annual bonus is deducted for retirement benefits) house cost $100,000 mortgage rates 5% on 20 year mortgage

Calculate the following for 5 and 10 years

1. total income from salary

2. retirement account balances

3. annual bonus

4. total interest paid on mortgage

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Accounting Basics: Company starting salary 75000 retirement benefits 401k with

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