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Current Attempt in Progress Patricia is planning for her retirement 34 years from now. She plans to invest $5,100 per year for the first
Current Attempt in Progress Patricia is planning for her retirement 34 years from now. She plans to invest $5,100 per year for the first 7 years, $6,700 per year for the next 11 years, and $13,500 per year for the remaining 16 years. All of the investments will be made at the end of the year. If Patricia can earn 10% annual return on her investments, what will her retirement fund amount to at the end of 34 years? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 2 decimal places, eg. 458,581.25.) Click here to view factor tables Amount of retirement fund Save for Later Attempts: 0 of 1 used Submit Answer
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