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Problem 5 - 1 3 Future Value of Multiple Annuities ( LG 5 - 2 ) Assume that you contribute $ 3 4 0 per

Problem 5-13 Future Value of Multiple Annuities (LG5-2)
Assume that you contribute $340 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $680 per month for another 25 years. Given a 9.0 percent interest rate, what is the value of your retirement plan after the 50 years?
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Future value of multiple annuities
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