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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 $3700 per year to his plan. Barry's employer will match this amount. If Barry can earn a return of 5% on his investment, how much will he have at retirement?
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