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197 Suppose you want to have $300,000 for retirement in 35 years. Your account earns 4% interest. a) How much would you need to deposit

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197 Suppose you want to have $300,000 for retirement in 35 years. Your account earns 4% interest. a) How much would you need to deposit in the account each month? S b) How much interest will you earn? Question Help: Video Message instructor Submit Question Question 7 B0/1 pt 390 Details You have $300,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years? Question Help: Video 1 Video 2 Message instructor Submit Question Question 8 0/3 pts 399 Details ENG 9:56 PM

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