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Assume that Sandra begins contributing $2400 per year into a retirement investment account. If she can earn an average amnuat return of 8.00% on her

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Assume that Sandra begins contributing $2400 per year into a retirement investment account. If she can earn an average amnuat return of 8.00% on her investment, how much will she have accumulated at age 67 (Round intermediate colculations to 6 decinaf : places, e. 15.251673 and final answer to 0 decimal places, e. 5.125. She will accumulate \$ in the account. George and Sandra, who are both age 28, got married last month. Now that they're married and building a househoid together, theyre beginning to think more seriously about investments and retirement planning. George's financial risk tolerance is on the high end of the moderate range. Sandra, on the other hand, has a relatively low level of financial risk tolerance. When faced with a saving or investment decision, she would prefer to stick with a sure thing rather than take an unnecessary risk. She knews, however, that to reach their joint financial goals they, as a couple, will need to coordinate investment decisions and be willing to take more risk. They decided that they would try to obtain a long-term average rate of return of 8.00%. Based on this information and what you know of George and Sandra, answer the following questions

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