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Mathematics 7 Online
OpenStudy (anonymous):

Julie Emerson, a 25-year-old personal loan officer at First National Bank, understands the importance of starting early when it comes to saving for retirement. She has committed $3,000 per year for retirement fund and assumes she’ll retire at age 65. a. How much will she have accumulated when she turns 65 if she invests in equities and earns 8% on average?

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