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As part of your compensation package, your employer contributes $ 84 per month to an Employee Profit Sharing Account that you are eligible to collect
As part of your compensation package, your employer contributes $ 84 per month to an Employee Profit Sharing Account that you are eligible to collect on your tenth anniversary with the firm. If this account is invested at a guaranteed annual rate of 4.3%, and is compounded monthly, how much money will you have in the account when you are eligible to collect it? Answer to the nearest cent and do not use the $ sign
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