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Karen has been depositing $ 1 9 0 at the end of each month in a tax - free retirement account since she was 2

Karen has been depositing $190 at the end of each month in a tax-free retirement account since she was 26. Matt, who is the same age as Karen, started depositing $260 at the end of each month in a tax-free retirement account when he was 36.
Assume that both accounts have been and will be earning interest at the rate of 4%/year compounded monthly. How much (in dollars) will each have in their retirement account at the age of 65?(Round your answers to the nearest cent.)
Karen $

Matt $

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