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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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