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Consider that you are 4 5 years old and have just changed to a new job. You have $ 1 5 9 , 0 0
Consider that you are years old and have just changed to a new job. You have $ 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 $ each year into your new employers plan.
If the rolledover money and the new contributions both earn a return of percent, how much should you expect to have when you retire in years?
Note: Do not round intermediate calculations and round your final answer to decimal places.
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