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Number 9 Suppose you are 25 years old and would like to retire at age 65 with an accumulated retirement fund from which you could

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Number 9 Suppose you are 25 years old and would like to retire at age 65 with an accumulated retirement fund from which you could draw an income of $200,000 per year - forever! Complete the following: How much would you need to deposit each month to accomplish this goal? Assume a constant APR of 6%. Locate an advertisement for an investment plan and describe some of the cited benefits of the plan. Apply what you learned in Section 4C (Savings Plans and Investments) in your course textbook to identify at least one possible drawback of the plan

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