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Starting today, Hector is going to contribute $100 per month to his retirement account. His employer will make matching contributions equal to 50 percent of
Starting today, Hector is going to contribute $100 per month to his retirement account. His employer will make matching contributions equal to 50 percent of Hectors contributions. If the total contributions remain constant, and he earns a monthly rate of .55 percent, how much will his savings be worth 40 years from now?
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