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Maria Anguiano's current salary is $ 6 1 , 0 0 0 per year, sand she is planning to retire 3 0 years from now.
Maria Anguiano's current salary is $ per year, sand she is planning to retire years from now. She anticipates that her annual salary will increase by $ each year. That is inthe first year she will earn $ in the second year $ in the third year $ and so forth She plans to deposit of her yearly salary into retirement fund that earns interest compounded daily. What will be the amount accumulated at the time of her retirement? Assume days in a year.
The effective annual interest rate is
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