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A construction engineer planning for her retirement deposits 10% of her salary each year into a stock market. If her salary this year is $60,000

  • A construction engineer planning for her retirement deposits 10% of her salary each year into a stock market. If her salary this year is $60,000 and she expect that her salary to increase by 5 percent each year, what will be the present worth of the fund after15 years if it earns 4% per year?

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