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Bus Econ 5.2.51 Question Help Starting at age 50, a woman puts $1700 at the end of each quarter into a retirement account that pays
Bus Econ 5.2.51 Question Help Starting at age 50, a woman puts $1700 at the end of each quarter into a retirement account that pays 7% interest compounded quarterly. When she reaches to she withdraws the entire amount and places it in a mutual fund account that pays 9% compounded monthly From then on she deposits $400 in the same mutual fund at the end of each month. How much is in the account when she reaches age 652 At age 65 she has $ (Simplify your answer. Type an integer or a decimal. Round intermediate steps to the nearest cent. Round the final answer to the newest dollarit needed) brrec
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