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Assume that you contribute $6,000 per year to a retirement plan for 20 years. Then you are able to increase the contribution to $9,000 per

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Assume that you contribute $6,000 per year to a retirement plan for 20 years. Then you are able to increase the contribution to $9,000 per year for another 20 years. Given an 8.0 percent interest rate, what is the value of your retirement plan after 40 years? $1,688,012$1,634,199$1,677,275$1,691,625

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