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I need the answers to the entire question 2. If you do not have student loans, then calculate how much you would have in your
I need the answers to the entire question
2. If you do not have student loans, then calculate how much you would have in your retirement account if you put the money an average student would be spending on student loans over a ten-year period repayment period in your retirement account, which is $242.[1] Use three different realistic rates of return on your retirement account (5%,7%,10%). Do you see the advantage to investing versus having student loans? Will you be able to comfortably retire with this amount? How much of a head start will this money give you towards your retirement or other financial goals Step by Step Solution
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