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Michael is 45 years old and wants to retire when he turns 65. Based on this cash flow,Michael tells you he can save $350 a

Michael is 45 years old and wants to retire when he turns 65. Based on this cash flow,Michael tells you he can save $350 a month, every month, for the next 20 years. If Michael can earn a rate of return of 3.5% compounded annually.

How much will he have when he retires?

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