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Question 31 5 pts You have heard about the impending retirement crisis facing the global community and you want to take action so you don't
Question 31 5 pts You have heard about the impending retirement crisis facing the global community and you want to take action so you don't become a victim of this crisis. You have decided to start contributing a constant amount of $520 into your retirement account every month, beginning one month from today. You plan to keep making that same monthly contribution for 48 years and then you will retire. If your investments earn a rate of return of 7.74 percent, how much do you expect to be in your retirement account the day you retire? $3,190,927 $2,806,988 $2,724,538 $3,451,843
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