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1. Assume that you are going to make annual deposits to your retirement fund of $4000. If you earn 8% on your retirement portfolio how

1. Assume that you are going to make annual deposits to your retirement fund of $4000. If you earn 8% on your retirement portfolio how much will you have accumulated by the time you retire in 40 years?

2. If you invest 100 each month for 40 years at 6% interest how much would you have accumulated for retirement at the end of the 40 years?

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