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The starting salary of your first job is $75,000. You are only able to invest 10% of this amount in your first year, but plan

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The starting salary of your first job is $75,000. You are only able to invest 10% of this amount in your first year, but plan to increase your contribution by 6% each year until you retire. If your retirement account only earns 11% compounded annually over your 25 year career, how much will you have saved at the time of your retirement in 25 years The quoted rate for short term loans at a local back is 24% APR. If interest is compounded continuously, what is the effective interest rate per month? (Enter answer as a percentage)

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