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You are trying to plan for retirement in 10 years and currently you have $100,000 in a savings account and $300,000 in stocks. In addition,

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You are trying to plan for retirement in 10 years and currently you have $100,000 in a savings account and $300,000 in stocks. In addition, you plan to add to your avings by depositing $10,000 per year in your savings account at the end of each 2. of the next 5 years and then $20,000 per year at the end of each year for the final 5 years until retirement. Assuming your savings account returns 7 percent compounded annually annually, how much will you have at the end of 10 years? ( Ignore taxes) deposit all of your savings in a bank account paying 10 percent, how much beginning 1 year after you retire) to end up with a zero balance at death? a. and your investment in stocks will return 12 percent compounded b. If you expect to live for 20 years after you retire, and at retirement you can you withdraw each year after retirement (20 equal withdrawals

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