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Isaiah is in his 5 0 s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient
Isaiah is in his s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $ per month for years and earns an annual return of by investing in the stock market through an index fund. a What is the total balance in the account after years? b How much of the total did Isaiah contribute himself? c How much money did Isaiah make through compounded returns in this investment account?
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