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You are planning to make annual deposits of $5,700 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit

You are planning to make annual deposits of $5,700 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 40 years? Input area: Annual deposit Payments per year APR Number of years $5,700 12 10% 40 (Use cells A6 to B9 from the given information to complete this question. Your answer sh Output area: EAR Future value of annuity

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