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can you please use excel to get the answer You are saving for retirement. You will make 48 annual payments into your retirement account. The
can you please use excel to get the answer
You are saving for retirement. You will make 48 annual payments into your retirement account. The first payment of 58,085 will be made 1 year from today. The payments are expected to increase by 4.8% per year. You have a required rate of refurn of 11.7% compounded annually. How much money will be in the account in 48 years? Your answer should be accurate to two decimal places Answer: 119.971,494.30(24,301,348.74) Step by Step Solution
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