How much of given amount represents interest

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Reference no: EM131301222

1. Retirement Funding. Assuming an 8% return, how much would Barry have if he could invest an additional $1,000 per year that his employer would match beginning at age 35?

2. Retirement Funding. How much will Marie have in her retirement account in 10 years if her contribution is $7,000 per year and the annual return on the account is 6%? How much of this amount represents interest?

Reference no: EM131301222

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