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Question 6 Part C: You want to save money for retirement. Your savings pattern is as follows: First 5 years: You save $2200 each year
Question 6 Part C: You want to save money for retirement. Your savings pattern is as follows: First 5 years: You save $2200 each year Next 14 years: In the 6th year. you save $2100 and decrease your savings by $100 in each following year. How much money will you have when you retire at the end of 19 years, if the interest rate is 7% per year? Question 6 Part C: Provide the final value of your retirement fund. Enter your answer in the form: 12345.67
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