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Wilma’s husband, Fred, left her with $750,000 worth of insurance money. She is ...
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Wilma’s husband, Fred, left her with $750,000 worth of insurance money. She is only 45, enjoys her job as a nurse and does not want to retire. What amount, approximately, will her $750,000 be when she retires at age 60 if the credit union pays her 3% per annum, compounded semi-annually?
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