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bonus 3 (+0.05% each) being solved for, the (F)uture value ending amount or the amount deposited as (Principal, or as Pmt. IDENTIFY the type of

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bonus 3 (+0.05% each) being solved for, the (F)uture value ending amount or the amount deposited as (Principal, or as Pmt. IDENTIFY the type of problem: (A)nnuity or (C)ompound interest. Also indicate what is Don't solve these problems - fill in the columns with A, C, E, P, Pmi (reuse as needed, not all letters will be used): Type Solving for a) A person sets aside $345 every month for 28 years, earning 4.2% compound monthly. What is the ending total for this investment? b) A person wants to have $7,250,000 at retirement. If there is an investment grwoing at a 6.3% rate, compounded quarterly, over 28.5 years, what $ amount should be deposited every quarter

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