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Future value of an annuity. Your client is 40 years old and she wants to begin saving for retirement with the first payment to come
Future value of an annuity. Your client is 40 years old and she wants to begin saving for retirement with the first payment to come one year from now. She can save $5000 per year and you advise her to invest it in the stock market, which you expect to provide an average return of 9 percent in the futurE PROVIDE STEP BY STEP SOLUTION
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