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You are to make monthly deposits for $500 into a retirement account that earns 10.2% compounded monthly. If your first deposit will be one month

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You are to make monthly deposits for $500 into a retirement account that earns 10.2% compounded monthly. If your first deposit will be one month from now, how large will your retirement be in 45 years? $2,367,912.32$4,264,381.24$382,838.01$5,623,663.52$997,368.21

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