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A newscaster earns $30,200 and wants to invest 10% of his/her monthly salary to save for retirement in 40 years. If he/she invests this money

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A newscaster earns $30,200 and wants to invest 10% of his/her monthly salary to save for retirement in 40 years. If he/she invests this money at 3.3% compounded monthly, how much money will he/she have at retirement? a) How much will be saved each year? b) What will be the monthly deposit? c) What will be the amount in the account after 40 years? Question Help: Video 1 Francine currently has $55,000 in her 401k account at work, and plans to contribute $5,000 each year for the next 15 years. How much will she have in the account in 15 years, if the account averages a 6% annual return

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