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please answer all To supplement your retirement, you estimate that you need to accumulate $370,000 exactly 40 years from today. You plan to make equal,
please answer all
To supplement your retirement, you estimate that you need to accumulate $370,000 exactly 40 years from today. You plan to make equal, end-of-year deposits into an account paying 9% annual interest Personal Finance Problem Creating a retirement fund a. How large must the annual deposits be to create the $370,000 fund by the end of 40 years? b. If you can afford to deposit only $830 per year into the account, how much will you have accumulated in 40 years? a. The annual deposits to create the $370,000 fund by the end of 40 years should be S (Round to the nearest cent) (Round to the nearest cent b. If you can afford to deposit only $830 per year into the account, by the end of 40 years you will have SStep by Step Solution
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