Bob Paris opens a retirement income account paying 5% annually. He deposits $3,000 at the beginning of

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Bob Paris opens a retirement income account paying 5% annually. He deposits $3,000 at the beginning of each year.
(a) How much will be in the account after ten years?
(b) When Bob retires at age 65, in 19 years, how much will be in the account?
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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