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Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $ 2 7 0 , 0 0
Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $ exactly years from
today. You plan to make equal, endofyear deposits into an account paying annual interest.
a How large must the annual deposits be to create the $ fund by the end of years?
b If you can afford to deposit only $ per year into the account, how much will you have accumulated in years?
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