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Cecelia Thomas is a sales executive at a Baltimore firm. She is 25 years old and plans to invest $3,000 every year in a retirement

Cecelia Thomas is a sales executive at a Baltimore firm. She is 25 years old and plans to invest $3,000 every year in a retirement account,beginning at the end of this year until she turns 65 years old. If the investment will earn 9.75 percent annually, how much will she have in 40 years,when she turns 65?

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