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(Solved): Suppose you want to have $300,000 for retirement in 35 years. Your account earns 7% interest. a) How ...



Suppose you want to have

$300,000

for retirement in 35 years. Your account earns

7%

interest. a) How much would you need to deposit in the account each month?

S

b) How much interest will you earn? 5

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