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I already answered question one, just need some help with the second part . Thank you On Juan's 26th birthday, he invested $6,500 in a
I already answered question one, just need some help with the second part .
Thank you
On Juan's 26th birthday, he invested $6,500 in a retirement account. Each year thereafter, he deposited 8% more than the previous deposit. The account paid annual compound interest of 4%. How much was in the account immediately after his 35th deposit? Round your answer to the nearest dollar. The tolerance is = 5. F=$ 1761379 If Juan decided to wait 10 years before investing for retirement, how much would he have to invest on his 36th birthday to have the same account balance on his 60th birthday? Round your answer to the nearest dollar. The tolerance is +5. A = $Step by Step Solution
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