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You are saving for retirement. Starting this month, you will deposit $600 per month into a stock account that earns 9% interest, compounded monthly. In

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You are saving for retirement. Starting this month, you will deposit $600 per month into a stock account that earns 9% interest, compounded monthly. In ten years, you will inherit $100,000 which you will also put into the same account. (5 points) If you plan to retire in 37 years, how much will you have when you retire? . (5 points) When you retire, you will move your money into a safer account that earns 4% per year. If you expect to live off the interest in perpetuity, how much will you be able to withdraw each year during your retirement? (5 points) If, instead of a perpetuity, you would like to withdraw your funds as an annuity and you expect to live 30 years past retirement, how much will you be able to withdraw per year

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