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Starting next month, if you make monthly deposits of $ 5 0 1 into a retirement account that earns 6 % interest compounded monthly, how

Starting next month, if you make monthly deposits of $501 into a retirement account that earns 6% interest compounded monthly, how large will your retirement account be in 40 years? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)
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