Question: 1. What is the difference between simple interest and compound interest? 2. How many tables are there for present value calculations? For future value calculations?

1. What is the difference between simple interest and compound interest? 2. How many tables are there for present value calculations? For future value calculations? 3. How much money would you need to put in a retirement account yearly earning 6% a year to retire with $1,00,000 at age 55 if you are now 25

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