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OpenStudy (anonymous):
1. Jacqueline Strauss, a 25- year- old personal loan officer at Second National Bank, under-stands the importance of starting early when it comes to saving for retirement. She has committed $ 3,000 per year for her retirement fund and assumes that 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 percent on average?
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