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You are to make monthly deposits of $400 into a retirement account that pays 10.5 percent interest compounded monthly. Required: If your first deposit will

You are to make monthly deposits of $400 into a retirement account that pays 10.5 percent interest compounded monthly. Required: If your first deposit will be made one month from now, how large will your retirement account be in 30 years? what is the annuity future value

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