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You are planning to make monthly deposits of $330 into a retirement account that pays 8 percent annual interest compounded monthly. If your first deposit

You are planning to make monthly deposits of $330 into a retirement account that pays 8 percent annual interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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