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You are planning for your retirement. Beginning in one year, you will contribute the first of 2 0 yearly dollar payments of $ 6 ,

You are planning for your retirement. Beginning in one year, you will contribute the first of 20 yearly dollar
payments of $6,500 into your retirement account. After these payments, no more funds will be deposited or
withdrawn until this date in 2056. If your expected rate of return is 8 percent, how much will your retirement
account be worth in 2056?
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