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please solve these two, thanks! April would like a retirement income of $3,000 per month (beginning of month payments) for 18 years once she retires.
please solve these two, thanks!
April would like a retirement income of $3,000 per month (beginning of month payments) for 18 years once she retires. How much must she have in her retirement account on the day she retires if the account can earn 3.6% compounded monthly? Your Answer: Answer Harry plans to deposit $3,500 at the beginning of each year into a savings account earning 2.75% compounded annually. How much will be in the account after 25 years? YourStep by Step Solution
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