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If you want an investment to triple You are saving for retirement, and you can afford to save $12,600 every year, starting one year from
If you want an investment to triple You are saving for retirement, and you can afford to save $12,600 every year, starting one year from today. If you invest for 30 years earning an average return of 6.24% per year, how much will you have saved for your retirement? Hint, this is the FV of an annuity. You may want to solve parts (c) and (e), then come back and solve (b) and (d), which are annuities due.in fourteen years, what interest must it earn? \
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