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To save for retirement, you plan to deposit $3,300 in an account per year for 34 years. You will make the first deposit in one
To save for retirement, you plan to deposit $3,300 in an account per year for 34 years. You will make the first deposit in one year. How much will you have after 34 years if the annual interest rate is 9.37 percent? $704.920.68 5875.882.25 $927,404.74 $1,132,145,33 $726.281.91 The winner of $1.28 Billion Mega Millions Lottery gets $433.7 million after taxes. The winner plans to deposit $433.7 million into an account with an interest rate of 5.02 percent. If this person make equal annual withdrawals for the next 40 years, how much can be withdrawn each year? $25,377,399,50$19,332,967,25$25,344,493.55$21,269,250.86$22,399,615.62
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