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You are to make monthly deposits of $525 into a retirement account that pays an APR of 11 percent compounded monthly. If your first deposit

image text in transcribed You are to make monthly deposits of $525 into a retirement account that pays an APR of 11 percent compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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