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Both Harry and Belinda are covered by defined contribution retirement plans at work. Harry contributes $ 5 , 4 0 0 to his plan and

Both Harry and Belinda are covered by defined contribution retirement plans at work. Harry contributes $5,400 to his plan and his employer puts in $2,700. Belinda contributes $6,600 and her employer puts in $3,300. Assuming a 7 percent rate of return, what would their combined retirement nest egg (now valued at $400,000) total 25 years from now if they keep contributing?

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