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Alec, Daniel, William, and Stephen decide to save for retirement. Each person wants to retire by age 68 and puts $10,400 into an account earning

Alec, Daniel, William, and Stephen decide to save for retirement. Each person wants to retire by age 68 and puts $10,400 into an account earning 10% compounded anually.
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Calculate how much each person will have accumulated by the age of 68 Accumulated Initial on Age Investment Retirement (age Investment by Person Alec Daniel William Stephen 28 58 10,400 48 38 10,400 10,400 10.400

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