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A 35 -year-old woman decides to put funds into a retirement plan. She can save $3,000 a year and earn 7 percent on this savings.

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A 35 -year-old woman decides to put funds into a retirement plan. She can save $3,000 a year and earn 7 percent on this savings. How much will she have accumulated if she retires at age 65 ? Use Appendix C to answer the question. Round your answer to the nearest dollar. At retirement how much can she withdraw each year for 25 years from the accumulated savings if the savings continue to earn 7 percent? Use Appendix D to answer the question. Round your answer to the nearest dollar

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