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Consider that you are 30 years old and have just changed to a new job. You have $91,000 in the retirement plan from your former
Consider that you are 30 years old and have just changed to a new job. You have $91,000 in the retirement plan from your former employer. You can roll that money into the retirement plan of the new employer. You will also contribute $4,800 each year into your new employer's plan. If the rolled-over money and the new contributions both earn a 7% return, how much should you expect to have when you retire in 38 years? A.$2,106,718.60 B.$2,012,560.60 C.$2,216,781.60 D.$2,018,506.60
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