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Assume that you contribute $290 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $390 per

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Assume that you contribute $290 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $390 per month for another 20 years. Given a 10.5 percent interest rate, what is the value of your retirement plan after 40 years? $211, 200 $213, 048 $2, 218, 073 $2, 137, 023

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