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You are planning to make monthly deposits of $70 into a retirement account that pays 9 percent interest compounded monthly. If your first deposit will

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You are planning to make monthly deposits of $70 into a retirement account that pays 9 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 22 years? $54,879.61 $57.768.02 $693.216.18 $52 813,60 $60.556.42

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