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a . Assuming a 3 % per year real earnings rate for the fixed - income fund and 6 % per year for common stocks,

a. Assuming a 3% per year real earnings rate for the fixed-income fund and 6% per year for common stocks, what will be Melanie's expected accumulation in each account at age 65?(Do not round time value factors and intermediate calculations. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)
Fixed income fund $
Common stock fund $
b. What will be the expected real retirement annuity from each account, assuming these same real earnings rates? (Do not round time value factors and intermediate calculations. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)
Fixed income fund $
Common stock fund $
c. If Melanie wanted a retirement annuity of $30,000 per year from the fixed-income fund, by how much would she have to increase her annual contributions? (Do not round time value factors and intermediate calculations. Round your final answer to the nearest dollar amount. Omit the "$" sign in your response.)
Increase his annual contributions by $

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