Maryanne hopes to have $643,230 in her retirement account when she retires in 12 years...
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Finance
Maryanne hopes to have $643,230 in her retirement account when she retires in 12 years if a retirement account earns 8% compounded semi annually how much does she need to save for each six month period during the next 12 years to reach her goal?
a. none
b. $26,801.25
c. $24,803.35
d. $16,458.21
e. 2, 674.45
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