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UU 31 Score: 0 of 2 pts 13 of 14 (9 complete) HW Score: 42.86%, 9 of 21 pts P4-22 (similar to) Question Help g

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UU 31 Score: 0 of 2 pts 13 of 14 (9 complete) HW Score: 42.86%, 9 of 21 pts P4-22 (similar to) Question Help g has in You are 25 years old and decide to start saving for your retirement. You plan to save $5,500 at the end of each year (so the anufacte first deposit will be one year from now), and will make the last deposit when you retire at age 66. Suppose you earn 9% per ice. The should year on your retirement savings. a. How much will you have saved for retirement? 1o? What b. How much will you have saved if you wait until age 34 to start saving (again, with your first deposit at the end of the year)? a. How much will you have saved for retirement? The amount that you will have accumulated for retirement is $ (Round to the nearest dollar.) utem ad w nk St Fan paystul O per year fore ate 9.5% Rai PV of perpetuity Paysty 2 pur buddy should Enter your answer in the answer box and then click Check Answer. Chock Answer Clear All build, the perpetu part Fanya. remaining javascript:doExercise(13)

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