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Mathematics, 28.05.2020 21:07 katelynbychurch
Bailey is just out of graduate school at the age of 26. He gets a job as a Doctor which pays him $150,000 per year after taxes. He figures he can save $30,000 per year.
A) If he puts the $30,000 every year into a retirement account that pays 1.5% annual interest compounded annually. How much will he have by the time he retires at age 65?
B) How much interest will he have earned at retirement?
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Bailey is just out of graduate school at the age of 26. He gets a job as a Doctor which pays him $15...
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