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When you start working at an engineering company after graduation, you sign up for a retirement account. You decide to invest $200 per month. The
When you start working at an engineering company after graduation, you sign up for a retirement account. You decide to invest $200 per month. The account has an annual interest rate of 8%, but it is compounded monthly. If you work for the company for 35 years, what will the value of your retirement account be when you retire? $128,762 $459,227 $1,348,726 O $314,159
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