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Use the following information to answer each question.Allison wants to save for retirement. She is 2 0 and wants to retire in 3 5 years.
Use the following information to answer each question.Allison wants to save for retirement. She is and wants to retire in years. She is considering two options and expects to earn an annual return under each option.Use financial calculator and excel fo find answer.Option : She is considering contributing $per year to an IRA for years at which time she figures she will be tired of selfdeprivation save no more. The invested funds, however, will continue to grow until she retires.Option : Her other option is to spend all her money now and worry about retirement later.Under this plan she will contribute per year to her IRA every year from the time she's until she retires years later, thinking surely the extra contributions under this plan will make her better off.Question : How much will Allison have for retirement under Option A $B $C $D $E $Question : How much will Allison have for retirement under Option A $B $C $D $E $Use the following information to answer each question.Allison wants to save for retirement. She is and wants to retire in years. She is considering two options and expects to earn an annual return under each option.Use financial calculator and excel fo find answer.Option : She is considering contributing $per year to an IRA for years at which time she figures she will be tired of selfdeprivation save no more. The invested funds, however, will continue to grow until she retires.Option : Her other option is to spend all her money now and worry about retirement later.Under this plan she will contribute per year to her IRA every year from the time she's until she retires years later, thinking surely the extra contributions under this plan will make her better off.Question : How much will Allison have for retirement under Option A $B $C $D $E $Question : How much will Allison have for retirement under Option A $B $C $D $E $
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