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need help asap please - Editing Vio Cane has an investment account (Account #1) with a current balance of $175,000. Cane plans to contribute approximately

need help asap please
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- Editing Vio Cane has an investment account (Account #1) with a current balance of $175,000. Cane plans to contribute approximately $1,250 to the account each month until he retires. The account has averaged a return of about 7.5% (APR), compounded monthly, and that is expected to continue. Cane also has an IRA (Account #2). It has a current balance of $42,500. He plans to contribute an additional $4,000 to that account each year until he retires. The IRA has averaged a return of about 5.00% annually, compounded annually, and this is also expected to continue Cane plans to retire in about 25 years. (a) What will be the balance in Account #1 when Cane retires? (2 points) (6) What will be the balance in the IRA (Account #2) when Cane retires? (2 points) (c) How much will Cane have in total when he retires if he combines the balances of both accounts into one (1) account? (1 point)

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