Mr and Mrs Smarts are deposit $10.000 on December 31st every year towards their retrement. If the bank is giving them an interest rato of 11% per year on their account and infation is expected to...

9Mr and Mrs Smarts are deposit $10.000 on December 31st every year towards their retrement. If the bank is giving them an interest rato of 11% per year on their account and infation is expected to averago 4% por<br>year in the nextd several years, how much money will ther retrement account havo ater 20 years in actual dollars and in real dolars<br>Cick the icon to view the interest and annuity table for discrete compounding when 4% per year<br>Olck the loon to view the interest and annuty tabie tor discrete compounding when 11% per yoar<br>In actual dollars<br>OA $200.013<br>OB S300, 100<br>C. $642.02s<br>OD. $1.079.3a73<br>In real dolars<br>OA. $1.079.373<br>OB. S3.10<br>OC. 642.028<br>OD. $290013<br>

Extracted text: Mr and Mrs Smarts are deposit $10.000 on December 31st every year towards their retrement. If the bank is giving them an interest rato of 11% per year on their account and infation is expected to averago 4% por year in the nextd several years, how much money will ther retrement account havo ater 20 years in actual dollars and in real dolars Cick the icon to view the interest and annuity table for discrete compounding when 4% per year Olck the loon to view the interest and annuty tabie tor discrete compounding when 11% per yoar In actual dollars OA $200.013 OB S300, 100 C. $642.02s OD. $1.079.3a73 In real dolars OA. $1.079.373 OB. S3.10 OC. 642.028 OD. $290013

Jun 07, 2022
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