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Business, 25.04.2020 00:44 sethjohnson386pbnm3x

At age 21 Julio begins saving $750 each year until age 35 (15 payments) in an ordinary annuity paying 6.3% annual interest compounded yearly and then leaves his money in the account until age 65 (30 years). His friend Max begins at age 41 saving $1 comma 500 per year in the same type of account until age 65 (25 payments). How much does each have in his account at age 65?

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At age 21 Julio begins saving $750 each year until age 35 (15 payments) in an ordinary annuity payin...
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