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Tyler Winkle's employer in Pittsburgh makes a matching contribution of $2,100 a year to his 401(k) retirement account at work. If the dollar amount of
Tyler Winkle's employer in Pittsburgh makes a matching contribution of $2,100 a year to his 401(k) retirement account at work. If the dollar amount of the employer's contribution increases 5 percent annually, how much will the employer contribute to the plan in the twentieth year from now? Round Future Value of a Single Amount in intermediate calculations to four decimal places. (Hint: See Appendix A-1.) Round your answer to the nearest dollar.
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