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You are 2 6 years old and decide to start saving for your retirement. You plan to save $ 5 , 0 0 0 at
You are years old and decide to start saving for your retirement. You plan to save $ at the end of each yearso the first deposit will be one year from now and will make the last deposit when you retire at age Suppose you earn per year on your retirement savings.
a How much will you have saved for retirement?
b How much will you have saved if you wait until age to start savingagain 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 cent.
b How much will you have saved if you wait until age to start savingagain with your first deposit at the end of the year
If you wait until age to start saving, the amount that you will have accumulated for retirement is $
enter your response here Round to the nearest cent.
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