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Carla Lopez deposits $2,700 a year into her retirement account. If these funds have average earnings of 7 percent over the 40 years until her
Carla Lopez deposits $2,700 a year into her retirement account. If these funds have average earnings of 7 percent over the 40 years until her retirement, what will be the value of her retirement account? Use Exhibit 1-8. (Round your discount factor to 3 decimal places and final answer to the nearest whole dollar.) Answer is complete but not entirely correct. Future value of retirement account 539,000
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