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Bob is 22 years old and with his current salary he can save $4,000 per year for his retirement savings. He's decided he will retire

Bob is 22 years old and with his current salary he can save $4,000 per year for his retirement savings. He's decided he will retire when he's 63 years old. How much money will he have in his retirement savings when he retires making end-of-year payments at an interest rate of 5% compounded annually?

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