Mary plans to make the contributions to her retirement account: $10,000 for each of the next ten

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Mary plans to make the contributions to her retirement account: $10,000 for each of the next ten years, and $12,000 for each of the ten years after that.

If her savings earn 5%, how much will she have at the end of the 20 years?

Ignore taxes and assume that the contributions are made at the end of the year.

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Jun 17, 2023 04:32 AM

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Mary plans to make the contributions to her retirement account: $10,000 for each of the next ten

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Personal Finance Turning Money into Wealth

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