Question: A client has $ 2 0 2 9 7 1 . 3 9 in an account that earns 8 % per year, compounded monthly. The
A client has $ in an account that earns per year, compounded monthly. The client's th birthday was yesterday and she will retire when the account value is $ million. points
a At what age can she retire if she puts no more money in the account?
b At what age can she retire if she puts $ per month into the account every month, beginning one month from today?
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