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Joe Root has saved for retirement for 40 years. His retirement account has $1,211,411 today at retirement. Over the first 20 years Joe Root earned

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Joe Root has saved for retirement for 40 years. His retirement account has $1,211,411 today at retirement. Over the first 20 years Joe Root earned a 5 and over the second 20 years he earned 7%. What was Joe Root's initial balance when he started saving for retirement 40 year ago?|

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