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Assume that you contribute $ 2 3 0 per month to a retirement plan for 2 0 years. Then you are able to increase the

Assume that you contribute $230 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $460 per month for another 30 years. Given a 7.2 percent interest rate, what is the value of your retirement plan after the 50 years?

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