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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 1 4 %
You decide to open an IRS approved retirement account at your local brokerage firm. Your best estimate is that it will earn At
the end of each year for the next years, you will deposit $ per year into the account total deposits Three years after the
last deposit, you will begin making annual withdrawals.
How much money is in the account one year before the first withdrawal? $
Round entry to two decimal places. Tolerance is
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