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David earns $89,000 per year in his first job/year out of college and is planning to save 9% of his salary per year until he
David earns $89,000 per year in his first job/year out of college and is planning to save 9% of his salary per year until he retires. He expects his salary to increase by 4.5% per year. The investment account he is saving into is expected to have a rate of return of 7% per year. How much money does David have in his account at the end of 22 years? $154,263$129,938$392,536$192,011$575,679
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