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17 17. Marvin plans to retire on his 65th birthday. However, he plans to work part-time until he turns 72. During these years of part-time
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17. Marvin plans to retire on his 65th birthday. However, he plans to work part-time until he turns 72. During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. He will fully retire on his 72nd birthday. If he deposits $ each year on his birthday starting on his 34th birthday, he will have $2,140,000 in his account on his 72nd birthday. Assume an 4.00% interest rate. a. 25,693.59 b. 25,770.35 c. 25,854.71 d. 25,935.98 e. 26,178.37 Step by Step Solution
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