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You decide to open an IRS approved retirement account at your local brokerage firm. Your best estimate is that it will earn 14%. At the
You decide to open an IRS approved retirement account at your local brokerage firm. Your best estimate is that it will earn 14%. At the end of each year for the next 20 years, you will deposit $4,900 per year into the account (20 total deposits). Three years after the last deposit, you will begin making annual withdrawals. Parta How much money is in the account one year before the first withdrawal? \$ Round entry to two decimal places. Tolerance is 5. eTextbook and Media Attempts: 0 of 3 used
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