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A self-employed internet security specialist deposits $4,000 at the end of every month into a simplified employee pension (SEP) account that earns 4.6% interest
A self-employed internet security specialist deposits $4,000 at the end of every month into a simplified employee pension (SEP) account that earns 4.6% interest compounded monthly. What is the value (in dollars) of the SEP in 25 years? (Round your answer to the nearest cent.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
