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For the past 1 5 years you have been depositing $ 4 0 0 per month in the PIMCO bond fund, and you have now

For the past 15 years you have been depositing $400 per month in the PIMCO bond fund, and you have now transferred your current balance to the Vanguard bond fund, where you plan to continue depositing $400 per month until you retire in 20 years. How much can you anticipate having in the investment when you retire? HINT [See Example 1.](Round your answer to the nearest cent.)
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