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You are planning to make monthly deposits of $170 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will
You are planning to make monthly deposits of $170 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 14 years? |
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$64,939.94
$61,847.56
$57,068.97
$742,170.77
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