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Mathematics, 13.10.2020 22:01 drcarver

A newscaster earns $25,200 and wants to invest 10% of his/her monthly salary to save for retirement in 34 years. If he/she invests this money at 4.1% compounded monthly, how much
money will he/she have at retirement?

a) How much will be saved each year?

b) What will be the monthly deposit?

c) What will be the amount in the account after 34 years?

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