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As part of your retirement plan, you have decided to deposit $ 9 , 0 0 0 at the beginning of each year into an

As part of your retirement plan, you have decided to deposit
$9,000 at the beginning of each year into an account paying 4%
interest compounded annually. (Round your answers to the nearest
cent.)(a) How much (in $) would the account be worth after 10
years?(b) How much (in $) would the account be worth after 20
years?(c) When you retire in 30 years, what will be the total worth
(in $) of the account?(d) If you found a bank that paid 6% interest compounded
annually rather than 4%, how much (in $) would you have in the
account after 30 years?(e) Use the future value of an annuity due formula to calculate
how much (in $) you would have in the account after 30 years if the
bank in part (d) switched from annual compounding to monthly
compounding and you deposited $750 at the beginning of
each month instead of $9,000 at the beginning of each
year.

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