You are trying to plan for retirement in 10 years, and currently you have $100,000...
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You are trying to plan for retirement in 10 years, and currently you have $100,000 in a savings account, returns 7 percent interest, compounded annually. In addition, you plan to contribute $20,000 per year at the end of each year into your stock investments, stocks will return 12 percent compounded annually, for the final 5 years until retirement
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