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Problem 2 1 - 7 ( Algo ) Required: a - 1 . With a 3 . 0 % inflation rate ( Spreadsheet 2 1

Problem 21-7(Algo)
Required:
a-1. With a 3.0% inflation rate (Spreadsheet 21.2), by how much would your retirement annuity grow if you increase the savings rate by 0.8%?(Round your percentage answer to 2 decimal places.)
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