Question: please explain steps 1. Your current annual salary is 75000 and is expected to grow at 6% per year. Suppose you invest 10% of each
1. Your current annual salary is 75000 and is expected to grow at 6% per year. Suppose you invest 10% of each year's salary in a retirement account that earns 6% per year, how much will you have in the account at the end of 40 years
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