How much money is in retirement saving accounts
Sammy put away 10% of his $75000 per year salary for the 45 years he is working into 401k and IRA savings plans and average a 7% annual return on investment. When Sammy retires, how much money is in his retirement saving accounts? show your work.
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IRA savings plans and average a 7% annual return on investment. When Sammy retires, how much money is in his retirement saving accounts? show your work.
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