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Pls ASAP. Thanks Mary is planning for her retirement 34 years from now. She plans to invest $4,100 per year for the first 7 years,
Pls ASAP. Thanks
Mary is planning for her retirement 34 years from now. She plans to invest $4,100 per year for the first 7 years, $6,700 per year for th next 11 years, and $13.500 per year for the remaining 16 years. All of the investments will be made at the end of the year. If Mary can earn 10% annual return on her investments, what will her retirement fund amount to at the end of 34 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.8. 458,581.25.) Click here to view factor tables Amount of retirement fund $ Step by Step Solution
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