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You decide to start saving for your retirement at the rate of $5000 per year starting exactly one year from today. Suppose you earn 8%

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You decide to start saving for your retirement at the rate of $5000 per year starting exactly one year from today. Suppose you earn 8% per year on your retirement savings. How much balance will you have in the account just after you make the last deposit when you retire after 40 years

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