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You are to make monthly deposits of $650 into a retirement account that pays 10.4 percent APR compounded monthly. Required: If your first deposit will
You are to make monthly deposits of $650 into a retirement account that pays 10.4 percent APR compounded monthly. Required: If your first deposit will be made one month from now, how large will your retirement account be in 30 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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