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You are earning an average of $46,200 and will retire in 11 years. If you put 15% of your gross average income in an ordinary
You are earning an average of $46,200 and will retire in 11 years. If you put 15% of your gross average income in an ordinary annuity compounded at 8% annually, what will be the value of the annuity when you retire? (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
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