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Solve each of the following question using 2 methods: pricing formulas and Excel. You plan to retire in 35 years. At the end of each
Solve each of the following question using 2 methods: pricing formulas and Excel.
You plan to retire in 35 years. At the end of each year, you plan on saving $15,000, and your bank pays you 2% annual interest. How much will you have saved by the time you retire?
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