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Francine currently has $ 3 0 , 0 0 0 in her 4 0 1 k account at work. She plans to contribute $ 9

Francine currently has $

30, 000

in her

401

k account at work. She plans to contribute $

9, 000

each

year for the next

20

years. How much will she have in the account in

20

years, if the account averages a

6 %

annual return?

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