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Sherry has a goal of retiring with $332,418 by making weekly deposits into an investment account whose annual interest rate is 1.4%. If she will
Sherry has a goal of retiring with $332,418 by making weekly deposits into an investment account whose annual interest rate is 1.4%. If she will retire in 23 years, how much interest will she earn?
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To calculate the interest earned we can use the future value formula for compou...
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
