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Required information In wisely planning for your retirement, you invest $21,000 per year for 20 years into a 401K tax-deferred account. Assume you make a

Required information In wisely planning for your retirement, you invest $21,000 per year for 20 years into a 401K tax-deferred account. Assume you make a real return of 10% per year when the inflation rate averages 3.1% per year. How many future dollars will you have in the account immediately after your last deposit? You will have $ 1719877.55 future dollars in your account immediately after your last deposit. Calculate the inflation-adjusted interest rate when the annualized inflation rate is 6.3% per year and the real interest rate is 3.9% per year. The inflation-adjusted interest rate is 10.2 %

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