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In a previous homework, we learned that skipping your daily Starbucks fix would save you $180 per month. If you invested those savings in a
In a previous homework, we learned that skipping your daily Starbucks fix would save you $180 per month. If you invested those savings in a retirement account earning 0.5% per month compound interest, you would have an additional $358,468 saved up by time you retire. Assuming you will live 20 years after retiring and can still earn 0.5% per month on your savings, how much additional monthly income will this provide you in your retirement
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