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This afternoon, Cindy invested a lump-sum of $165,000 in a retirement saving account that earns 5.50 percent interest, compounded annually. How much compound interest will
This afternoon, Cindy invested a lump-sum of $165,000 in a retirement saving account that earns 5.50 percent interest, compounded annually. How much compound interest will she earn if she leaves the money invested for the next 48 years?
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