Question: PART A . ) An engineer who is saving for her retirement plans to deposit $ 1 0 0 bi - weekly ( twice per
PART A An engineer who is saving for her retirement plans to deposit $ biweekly twice
per month into an investment account. If the account pays interest at per year,
compounded monthly, the total she will have at the end of years is
PART B If average inflation is over the year period from Part A what is the real
interest rate that the engineer makes on her investment?
PART C The future amount in the account from Part A must sustain the engineer for the rest
of her life assume the account continues to make interest How long can she afford to live
after retirement if she wants to withdraw $ per month to live off of
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