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{Bptsl Suppose that you plan to retire in 40 years. You put 1000 dollars in a bank account which earns a per period interest rate

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{Bptsl Suppose that you plan to retire in 40 years. You put 1000 dollars in a bank account which earns a per period interest rate of 0.5%, and interest is compounded monthly. What was your effective annual interest rate? enter your answer as a percent (i.e., 5.00% would be entered as 5.00) 6.17 How much money will be in the account at the end of 40 years (96)? Round to the nearest dollar. 10957 If inflation during this time period averaged 1.7% annually, how much purchasing power (in present SE, not future 3) did you accumulate with your investment? Round to the nearest dollar. Please answer all parts of the

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