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Business, 30.10.2021 14:00 mailani12503

Luis has $180,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to roll over his assets to a new account. Luis also plans to put $2500/quarter into the new account until his retirement 20 yr from now. If the account earns interest at the rate of 7%/year compounded quarterly, how much will Luis have in his account at the time of his retirement

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Luis has $180,000 in his retirement account at his present company. Because he is assuming a positio...
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