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show written or typed work pls no excel 4) Julie is opening up a retirement account today. The account will pay 6% interest compounded annually.

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4) Julie is opening up a retirement account today. The account will pay 6% interest compounded annually. She plans to invest $6,000 per year for 25 years at the beginning of the year. How much will she accumulate at the end of 25 years? Time Value of Money Problems Directions: Please complete the following problems. You can use the formula approach or Microsoft Excel. However, make sure to show all of your work. For instance, if you choose to write down your answers on paper, write down the formula and the inputs you used

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