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Question 13 2.5 pts You are planning to save for retirement over the next 30 years. To do this, you will invest $920 per month
Question 13 2.5 pts You are planning to save for retirement over the next 30 years. To do this, you will invest $920 per month in a stock account and $418 per month in a separate bond account. The return of the stock account is expected to be 12%, and the bond account will pay 6% when you retire, you will combine your money into an account with an expected 9% return. How much will be in the bond account at retirement? (Round answer to 2 decimal places. Do not round intermediate calculations)
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