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Mr . Bagins is planning for his retirement. He plans to deposit $ 5 , 0 0 0 every month starting in one month for

Mr. Bagins is planning for his retirement. He plans to deposit $5,000
every month starting in one month for the next 25 years. The bank has
agreed to pay 8% semi-annually for the entire 25 year period. The value
of Mr. Bagins account at the end of the 25 years will be closest to:

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