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You begin working at age 25, and your employer deposits $240 each month into a retirement account that pays an APR of 7.1% compounded monthly.

You begin working at age 25, and your employer deposits $240 each month into a retirement account that pays an APR of 7.1% compounded monthly. You expect to retire at age 65. What will be the size of your nest egg when youretire?

Round your answers to the nearestcent.

size of next egg

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