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Question 12 (3 points) Your financially-savvy cousin just started saving for retirement, depositing $7,000 into an account that pays 6%, compounded annually, at the beginning

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Question 12 (3 points) Your financially-savvy cousin just started saving for retirement, depositing $7,000 into an account that pays 6%, compounded annually, at the beginning of every year. If she does this for the 20 years leading up to her retirement, how much will she accumulate for retirement? $448,998.96 $475,938.90 $272,949.09 $257,499.14

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