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Kosta is 20 years old now, and he plans to fund his retirement account, beginning 10 years from now with 30 annual deposits of $1000.

Kosta is 20 years old now, and he plans to fund his retirement account, beginning 10 years from now with 30 annual deposits of $1000. Suppose he can earn an annual compound rate of 12 percent on his deposits. What is the amount that will be found in his retirement account upon retirement?

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WHAT IS THE VALUE OF HIS RETIREMENT TODAY? Answer for part 2 :

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