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Assume that you contribute $190 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $390 per
Assume that you contribute $190 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $390 per month for the next 25 years. Given a 7.2 percent interest rate, what is the value of your retirement plan after the 50 years?
FV of multiple annuities=_________
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