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Emily Amarrada of Sioux City, South Dakota has accepted a new job and is thinking about cashing out the $40,000 she has built up in
Emily Amarrada of Sioux City, South Dakota has accepted a new job and is thinking about cashing out the $40,000 she has built up in her employer's 401(k) plan to buy a new car. If, instead, she left the funds in the plan and they are projected to earn 5 percent annually for the next 26 years, how much would Emily have in her plan?
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