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Retirement Funding. Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65 . Barry calculates that

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Retirement Funding. Barry has just become eligible for his employer-sponsored retirement plan. Barry is 40 and plans to retire at 65 . Barry calculates that he can contribute $3,100 per year to his plan. Barry/s employer will m? this amount. If Barry can eam a return of 6% on his investment, he will have $340,160 at retirement. Assuming a return of 6%, how much would Barry have if he could invest an additional $1,290 per year that his employer would match beginning at age 40 ? If Barry could invest an additional $1,290 per year that his employer would match beginning at age 40 , at retirer he would have $ (Round to the nearest dollar.)

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