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A certificate of deposit has a nominal interest rate of 10%. If interest is compounded quarterly what amount has accumulate for retirement at age 65

A certificate of deposit has a nominal interest rate of 10%. If interest is compounded quarterly what amount has accumulate for retirement at age 65 if $10,000 is deposited at

  1. Age 25?
  2. Age 35?
  3. Age 45?
  4. Age 55?

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