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Em Ployee is paid twice a month. She has $100 withheld from each paycheck and invested in an annuity fund that averages 8.4% growth annually.
Em Ployee is paid twice a month. She has $100 withheld from each paycheck and invested in an annuity fund that averages 8.4% growth annually. She began when she turned 22.
When Em turns 62, how much of the value of the fund is interest earned?
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