You are saving for retirement. To live comfortably, you decide you will need to save $ 3
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Question:
You are saving for retirement. To live comfortably, you decide you will need to save $ by the time you are
Today is your th birthday, and you decide, starting today and continuing on every birthday up to and including
your th birthday, that you will put the same amount into a savings account. If the interest rate is how much
must you set aside each year to make sure that you will have $ in the account on your th birthday?
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