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Today is January 1. Starting today Sam is going to contribute $140 on the first of each month to his retirement account. His employer contributes
Today is January 1. Starting today Sam is going to contribute $140 on the first of each month to his retirement account. His employer contributes an additional 50 percent of the amount contributed by sam. His employer continue to do this and sam can earn a monthly rate of one half of 1% how much will he have in his retirement account 35 years from now?
-$19945.944
-$200456.74
-$249981.21
-300685.11
-none of the above
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