Perform some research to investigate the retirement systems

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1. Perform some research to investigate the retirement systems of your state. Compare and contrast them with the Oklahoma and Tennessee models presented within this chapter. Discuss the similarities and differences that exist among these models.

2. Assume that you will retire in another 45 years. Using a 3% rate, an annual contribution value of $1000.00, and a starting value of $5000, how much money will you expect to have upon retirement provided that you are able to maintain the annual contributions through time?

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