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A newscaster earns $33,200 and wants to invest 10% of his/her monthly salary to save for retirement in 30 years. If he/she invests this
A newscaster earns $33,200 and wants to invest 10% of his/her monthly salary to save for retirement in 30 years. If he/she invests this money at 2% compounded monthly, how much mone 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 30 years? $
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