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An employee contributes $150 each month to her 401(k). What will be the value of her 401(k) after the 300th deposit (25 years) if the
An employee contributes $150 each month to her 401(k). What will be the value of her 401(k) after the 300th deposit (25 years) if the per annum rate of return is assumed to be 12% compounded monthly? The value will be $. (Round to the nearest cent as needed.)
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