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Please show each step so I can follow. Thanks! Dawn invests $2000 each year of 10 consecutive years, starting at age 25. Assume an 8%
Please show each step so I can follow. Thanks!
Dawn invests $2000 each year of 10 consecutive years, starting at age 25. Assume an 8% annual rate of return with annual compounding. After age 35 she no longer adds to the account, but the money continues to compound. What was Dawn's out-of-pocket amount? How much will Dawn have accumulated by age 65 Step by Step Solution
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