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Each year for the next 40 years, you will save/invest 5% of your annual salary towards retirement. Your salary will start at $60,000 and grow

Each year for the next 40 years, you will save/invest 5% of your annual salary towards retirement. Your salary will start at $60,000 and grow at a rate of 3% per year. Your annual return on your savings/investment will be 9% per year (with no fees). How much will you have at retirement? (Please enter your answer rounded to the penny.)

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