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Imagine that you are planning for retirement. You expect to retire in 35 years, and you think that you can afford to save $5000 per
Imagine that you are planning for retirement. You expect to retire in 35 years, and you think that you can afford to save $5000 per year. Furthermore, you believe that you can reasonably expect to earn about 8% per year without taking too much risk. How much will you have accumulated at the time that you retire
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