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Quiz: M4A10 Chapter 12 Quiz Question 12 of 14 This quiz: 14 point(s) possible Submit quiz This question: 1 point(s) possible An employee contributes $400

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Quiz: M4A10 Chapter 12 Quiz Question 12 of 14 This quiz: 14 point(s) possible Submit quiz This question: 1 point(s) possible An employee contributes $400 each month to her 401(k). What will be the value of her 401(k) after the 120th deposit (10 years) if the per annum rate of return is assumed to be 12% compounded monthly? The value will be $. (Round to the nearest cent as needed.) Time Remaining: 00 40 02 Next

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