TashaKessler9784 TashaKessler9784

01-01-2024
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You are 23 years old and decide to start saving for your retirement. You plan to save $5500 at the end of each year (so the first deposit will be one year from now), and will make the last deposit when you retire at age 65 . Suppose you earn 10% per year on your retirement savings.

How much will you have saved for retirement?

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