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6. A couple invests $5,000 a year (end of year) in a retirement fund that earns 6.2% annually. After 35 years, how much money will

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6. A couple invests $5,000 a year (end of year) in a retirement fund that earns 6.2% annually. After 35 years, how much money will they have? After the 35 years, they start to withdraw $29,000 at the end of every year while earning 5% on their money. How much money will they have after 25 years? When will they run out of money? Explain

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