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Travis invests $5,800 today into a retirement account. He expects to earn 8.5 percent, compounded annually, on his money for the next 12 years. After

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Travis invests $5,800 today into a retirement account. He expects to earn 8.5 percent, compounded annually, on his money for the next 12 years. After that, he wants to be more conservative, so only expects to earn 5 percent, compounded annually. How much money will he have in his account when he retires 30 years from now, assuming this is the only deposit he makes into the account? Multiple Choice $28,421.20 $34,747.80 $37,152.86 O $28,421.20 $34,747.80 $37.152.86 $42,914.67 $42,003.12

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