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Harry is 20 years old and plans to retire at age 70 years with $1,600,000 in his retirement account. What amount would he have to

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Harry is 20 years old and plans to retire at age 70 years with $1,600,000 in his retirement account. What amount would he have to set aside now in an investment paying 2.75% interest if the compounding is done quarterly? (Round the answer to nearest cent as needed. Type thousands, dollars, and cents in the three given blanks.) QUESTION 3 Berno deposits $30,000 into an account paying 3.25% annual interest, compounded monthly. How much will be in the account after ten years? (Round the answer to nearest cent. Type thousands, dollars, and cents in the three given Blanks)

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