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Eckel recently set up a TDA to save for his retirement. He arranged to have $120 taken out of each of his biweekly checks; it
Eckel recently set up a TDA to save for his retirement. He arranged to have $120 taken out of each of his biweekly checks; it will earn 9.875 % interest. He just had his twenty-ninth birthday, and his ordinary annuity comes to term when he is 65. Find the following. (Round your answers to the nearest cent.) (a) The future value of the account $ (b) Dick's total contribution to the account $ (c) The total interest $
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