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(1 point) Terry, who just turned 30, wishes to save money for his retirement. He decides to make monthly deposits, with his first deposit being

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(1 point) Terry, who just turned 30, wishes to save money for his retirement. He decides to make monthly deposits, with his first deposit being $1400 (made today) and each succeeding deposit being $5 less. If his deposits earn j12 = 6.5%, how much will he have accumulated at age 65? Answer: $

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