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Future Value of Multiple Annuities Assume that you contribute $250 per month to a retirement plan for 20 years, Then you are able to increase

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Future Value of Multiple Annuities Assume that you contribute $250 per month to a retirement plan for 20 years, Then you are able to increase the contribution to $350 per month for another 20 years. Given a 8.5 percent interest rate, what is the value of your retirement plan after 40 years? Multiple Choice $1,072,363 $192,000 $193,360 $1,009,663

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