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Sandra is going to contribute $580 on the first of each month, starting one month from today, to her retirement account. Her employer will provide

Sandra is going to contribute $580 on the first of each month, starting one month from today, to her retirement account. Her employer will provide a 50 percent match. In other words, her employer will add $290 to the amount Sandra saves. If both Sandra and her employer continue to do this and she can earn a rate of 9.0 percent, how much will she have in her retirement account 35 years from today?

A.

$1,961,737

B.

$1,215,382

C.

$2,559,352

D.

$3,888,222

E.

$365,400

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