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A 2 5 - year - old earns $ 6 0 , 0 0 0 per year. Each year, they will contribute 5 % of
A yearold earns $ per year. Each year, they will contribute of their annual salary to a retirement account that is expected to earn an
average return of per year. Their salary is expected to grow at an average per year
The worker will retire in years
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Now assume the worker pays a annual fee on this retirement investment.
Compute the value of the account at retirement.
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