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You are planning for retirement and have signed up for a 401K account that pays 5% per annum compounded annually. You plan to invest $2,000

You are planning for retirement and have signed up for a 401K account that pays 5% per annum compounded annually. You plan to invest $2,000 at the end of each year for the next 20 years. How much will your account have in 20 years?

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