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Suppose you contribute $12,000 yearly to a retirement annuity. How much will you have in 40 years if that annuity earns 8% real interest, compounded

Suppose you contribute $12,000 yearly to a retirement annuity. How much will you have in 40 years if that annuity earns 8% real interest, compounded yearly (rounded to the nearest whole dollar). $3,108,678 $143,095 O $260,694 $552 $7030

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