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Assume that you contribute $200 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $400 per

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Assume that you contribute $200 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $400 per month for another 25 years. Given a 5 percent interest rate per year, what is the value of your retirement plan after 40 years? Multiple Choice $424,30597 $24,15995 $28.47566 572,47986

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