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1.Suppose your current salary is $52,000 a year and it will grow 4% a year. If you contribute 7% of salary into a 401-(k) plan

1.Suppose your current salary is $52,000 a year and it will grow 4% a year. If you contribute 7% of salary into a 401-(k) plan at the end of every year and earn 8% return a year, how much would you have in 40 years?

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