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You begin working at age 25, and your employer deposits $340 each month into a retirement account that pays an APR of 6% compounded monthly.
You begin working at age 25, and your employer deposits $340 each month into a retirement account that pays an APR of 6% compounded monthly. Make a table that shows the size of your nest egg in terms of the age at which you retire. Include retirement ages from 60 to 70.
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