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You just inherited $ 1 0 0 , 0 0 0 from your Grandmother. You deposit this money into an account earning 7 percent per

You just inherited $100,000 from your Grandmother. You deposit this money into an account earning 7 percent per year. You plan to keep this money in the bank until you retire (in 35 years). You also plan to save $3000 per year starting in five years (30 years prior to retirement). These monies will only earn interest at the rate of 6 percent. Starting 10 years prior to retirement, you plan to save an additional sum of $5000 per year. This money will earn interest at the rate of 7 percent per year. When you retire, how much money will you have in your account?
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