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Barry has just become eligible for his employer-sponsored retirement plan. Barry is 35 and plans to retire at 65. Barry calculates that he can contribute
Barry has just become eligible for his employer-sponsored retirement plan. Barry is 35 and plans to retire at 65. Barry calculates that he can contribute $4,500 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 11% on his investment, how much will he have at retirement?
At retirement, the amount Barry will have is $___________
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