Suppose you want to have $700,000 for retirement in 35 years. Your account earns 5% interest....

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Suppose you want to have $700,000 for retirement in 35 years. Your account earns 5% interest....

Suppose you want to have $700,000 for retirement in 35 years. Your account earns 5% interest. How much would you need to deposit in the account each month?

Jenelle wants to invest $1600 in a savings account. Determine the interest rate (simple interest) required for Jenelle 's investment to double in value in 10 years. Round your answer to the nearest tenth of a percent.

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