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Paul Starts Saving $1000 Per Year from Age 25,while Harper

Question 84

Essay

Paul starts saving $1000 per year from age 25,while Harper starts saving $5000 per year at age 45.At a moderate rate of return of 7 percent,how much will each have at age 65?

Correct Answer:

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Paul
C/Y 1,P/Y 1,N 40,I 7,PV 0...

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