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Michelle just graduated from Concordia and started her new job working as a Software Developer for Amazon as a remote employee from Montreal. One of the benefits offered is to participate in the company's retirement plan. Even though Michelle is a long way off of retirement, she knows that this is an awesome benefit as Amazon matches her contributions dollar for dollar. The plan averages a return of 8% compounded weekly. Michelle is 23 years old and plans to work until age 60. If she contributes $250 at the beginning of each month, with her employer doing the same, how much will she have in her retirement plan at retirement?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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