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Before she commits any money to an account, Madeline wants to see how much her savings would earn using different investment tactics, (For now assume

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Before she commits any money to an account, Madeline wants to see how much her savings would earn using different investment tactics, (For now assume there are no limitations or restrictions on her retirement contributions.) She asked you to help and provided the following information: - She plans to invest 3,000 every year for 40 years. - She has found an investment account that earns 5% per year. - She is in a 20% income tax bracket. Interest Factors - Future Value of an Annuity Using the previous table, complete the following table to show Madeline the effect of different options that are available to her. Round your answers to the nearest doliar, Your findin?s Madeline's friend's fondness for tax-sheitered accounts, because, according to this analysis, they effectively earn nonsheltered accounts. Using only the factors taken into account in this analysis, Madeline concludes that the account is the best, in part, because it's the only one that would save her $ in income taxes every year. Your findings Madeline's friend's fondness for tax-sheitered accounts, because, according to this analysis, they effectively earn nonsheltered accounts. Using only the factors taken into account in this analysis, Madeline concludes that the because it's the only one that would save her $ in income taxes every yeat. account is the best, in part, Madeline is tempted to use the money she would have sent to the IRS for fun but wants to know how much more she could earn if she put it toward her annual investment. First, she computes that her new annual investment would be 5 Next, Madeline applies the interest factor from the table of to reach an accumulated total of 5

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