Justin is saving for his retirement 2 0 years from now by setting up a savings plan.
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Question:
Justin is saving for his retirement years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $ at the end of each year for the next years. Interest is compounded annually.
a How much money will be in his account on the date of his retirement?
b How much will Justin contribute
c How much will be interest?
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