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Question 23 You decide to start saving for retirement by depositing $2,000 into an account every year for the next 11 years. If the account

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Question 23 You decide to start saving for retirement by depositing $2,000 into an account every year for the next 11 years. If the account earns 2.10% return annually, how much more will be in the account 11 years from now if you made the first deposit today as opposed to the end of the year? $351 B $425 C S386 D $467 E $514 Question 24 The 17th National Bank of Tus of $48.000 The account carries a 8.90% APR with quarterly compounding. At the end of 1 year. how much interest have you paid and what is the banks effective annual rate? offers a 3-year line of credit in the amount A $5,079 , 9.20% BI s5.079 , 8.00% ICI $4.417 , 9.20% D $4.417 , 8.00% El $5.841 , 9.20% Question 25 Kim decides early in her career that she wishes to save aggressively for retirement Kim chooses to put away $9,975 of earnings at the end of each year for twenty years. How much money will be in Kim's retirement account in twenty years if her investment accounts earns an annual rate of 5.6%? Al $1.550.302 B $79,715 C $167,401 D $351,542 E $738,239

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