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Ela is planning her retirement and needs a pension that will pay her $ 1 2 . 0 0 0 one year from now and

Ela is planning her retirement and needs a pension that will pay her $12.000 one year from now and annual payments for 24 more years that are each 5% larger than the previous year, if the funds in her Retirement Fund earn 7.5% compounded annually, how much money must she have there now? 5188.490 $266.5405532.8425213,460

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