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You would like to have $700,000 when you retire in 25 years. How much should you invest each quarter if you can earn a rate
You would like to have $700,000 when you retire in 25 years. How much should you invest each quarter if you can earn a rate of 7% compounded quarterly? a) How much should you deposit each quarter? Round your answer to the nearest cent. $ b) How much total money will you put into the account? Round your answer to the nearest cent. $ c) How much total interest will you earn? Round your answer to the nearest cent. $
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