Question: ( a ) If you will be making equal deposits into a retirement account for 1 0 years ( with each payment at the end
a If you will be making equal deposits into a retirement account for years
with each payment at the end of the year how much must you deposit each year if the
account earns compounded annually and you wish the account to grow to
$ after years in time
b How does your answer to part a change if the account pays interest
compounded monthly at an annual rate of Note: use monthly compounding for all
calculations.
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