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You want to compare two separate retirement savings scenarios: (A) and (B). In scenario (A) you start immediately, contribute for a few years, but then

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You want to compare two separate retirement savings scenarios: (A) and (B). In scenario (A) you start immediately, contribute for a few years, but then stop contributing. However, you leave the accumulated savings to compound until retirement. In scenario (B) you start later (after the end of savings in scenario A) and contribute all the way to retirement. Calculate the accumulated amount of savings at retirement for the two scenarios Interest Total Number of Payments Annual Length of Scenario Payment $4,000 $4,000 Payment Period End of years 1 to 16 End of years 17 to 37 Investment 37 years 37 years Rate 19% 19% 21 Accumulated Amount of Savings at Retirement (Future Value) Scenario (A)(Round to the nearest cent.)

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