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Question 9 Homework Unanswered t Following her 18th birthday, Madison began investing $24 at the end of each week in an account earning 7% per
Question 9 Homework Unanswered t Following her 18th birthday, Madison began investing $24 at the end of each week in an account earning 7% per year. She plans to continue making weekly investments until she turns 68. Instead, if she hadn't started investing until she turned 47, how much would she have had to invest each week in order to have the same retirement nest egg at age 68? Round to the nearest cent. [Hint: Find the size of the retirement nest egg under the first 50-year scenario, then use that number to solve for CF under the shorter investment horizon scenario.] Type your numeric answer and submit
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