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Jack is 30 years old. He is starting to save for retirement $3,500 every year. If the annual interest rate is 6%, how much money

Jack is 30 years old. He is starting to save for retirement $3,500 every year. If the annual interest rate is 6%, how much money will Jack have in 35 years?

  1. $235,513.30.
  2. $376,894.11.
  3. $390,021.73
  4. $412,238.32.

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