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For the past twenty-five years, Margaret Ann has been saving $2000 a year for her retirement. Over the years, she has earned an average of

For the past twenty-five years, Margaret Ann has been saving $2000 a year for her retirement. Over the years, she has earned an average of 12% per year on her investments. How much money does Margaret Ann have today in her retirement account?

Select one:

a. $316,667

b. $266,667

c. $356,333

d. $56,333

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