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Homework answers / question archive / 1) Thirty years ago, z Co set apart 300,00 in an account with an 8% annual return

1) Thirty years ago, z Co set apart 300,00 in an account with an 8% annual return

Accounting

1) Thirty years ago, z Co set apart 300,00 in an account with an 8% annual return. What is that amount worth today?

2) After completing her residency, an obstetrician plans to invest $9,000 per year at the end of each year into a low-risk retirement account. She expects to earn 6 percent for thirty-five years. What will her retirement account be worth at the end of those thirty-five years? 

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