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Suppose you want to have $800,000 for retirement in 35 years. Your account earns 9% interest. a) How much would you need to deposit in
Suppose you want to have $800,000 for retirement in 35 years. Your account earns 9% interest.
a) How much would you need to deposit in the account each month? Round your answer to the nearest cent.
b) How much interest will you earn? Round your answer to the nearest cent.
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