Reconsider your original retirement plan in Example 5-3 to invest $4,500 per year for 40 years. Now
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Reconsider your original retirement plan in Example 5-3 to invest $4,500 per year for 40 years. Now consider the result if you don’t contribute anything for four years
(years 19 to 22) while your child goes to college. How many annuity equations will you need to find the future value of your 401(k) in this situation?
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