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Ranjit began setting aside $6,000 per year in a mutual fund on the date when he became 27. He has turned 33, and has just

Ranjit began setting aside $6,000 per year in a mutual fund on the date when he became 27. He has turned 33, and has just made a deposit. The mutual fund has returned 4.0% annually. How much does Rajit have in his account today?
$46,311.32
$39,797.85
$47,389.77
$42,000.00

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