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1. Today is January 1. Starting today, Sam is going to contribute $140 on the first of each month to his retirement account. His employer
1. Today is January 1. Starting today, Sam is going to contribute $140 on the first of each month to his retirement account. His employer contributes an additional 50% of the amount contributed by Sam. Sam is planning to retire in 35 years. If both Sam and his employer continue to do this and Sam can earn a monthly rate of
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