Mathematics, 26.09.2021 23:30 avery2020

Scenario #1: Raul Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.5% interest per year.

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Scenario #1: Raul Raul is a saver. He sets aside $100 per month during his career of 40 years to p...

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