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Abe sets himself a goal of amassing $1,000,000 in his retirement fund by the time he turns 61. He begins saving $3,300 each year, starting

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Abe sets himself a goal of amassing $1,000,000 in his retirement fund by the time he turns 61. He begins saving $3,300 each year, starting on his 21st birthday (40 years of saving) (a) Your answer has been saved. See score details after the due date. If his savings earn 10 percent per year, will Abe achieve his goal? (Round answer to 2 decimal places, c.8. 125.12. Do not round your intermediate calculations.) Abe will achieve his goal as future value of investments will be $ 1460555.43 eTextbook and Media Attempts: 1 of 1 used (b) At what age will the value of Abe's savings plan be worth $1.000.000? (Round answer to o decimal places, c.9. 125. Do not round your intermediate calculations.) Age at which savings will be worth $1,000,000 years

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