A 20 year old student wants to save $3 a day for her retirement

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A 20 year old student wants to save $3 a day for her retirement. Everyday she places $3 in a drawer. At the end of each year, she invests the accumulated savings ($1,095) in a brokerage account with an expected annual return of 12%. If she keeps saving in this manner, how much will she have accumulated at age 67? 

    • 12 years ago
    A 20 year old student wants to save $3 a day for her retirement
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