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At the end of this year, you intent to contribute $5000 to your retirement account. You are committed to increasing your contribution by 2% each
At the end of this year, you intent to contribute $5000 to your retirement account. You are committed to increasing your contribution by 2% each year. If you can earn a 6% average annual return in your savings account, how much money will you have in your account after you make 45 contributions?
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