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2. Later in life, Devon convinces her friend Taylor to start saving for retirement as...

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2. Later in life, Devon convinces her friend Taylor to start saving for retirement as well. Even though Taylor is the same age as Devon, she hasn't started saving for retirement yet. With only 20 years left until they both plan to retire, Taylor decides she needs to invest at least twice as much as Devon each month to try to catch up to Devon's retirement plan. Taylor opens a similar retirement account to Devon's that also has an APR 5.25% compounded monthly. She will invest $1207 per month. Aound answers to two decimal places. a. How much money will be in Taylor's retirement account if she continues to make the same monthly investment for 20 years? (3 gt ) b. By the time she retires, Taylor will have contributed how much of her own money overali? 148BV c. What percent of the tinal balance in Iayor s recirement account wil de interestr 3. Write complete sentences that identify which person had the higher amount and by how much. Round answers to two decimal places

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