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Suppose that you plan to save $ 3 7 0 per year for the next 3 0 years to save for retirement. Your expected return

Suppose that you plan to save $370 per year for the next 30 years to save for retirement. Your expected return is 8.9%. How much more money will you have at the end of 30 years if you deposit the money at the beginning of the month versus the end of the month?

 

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