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You graduate from University on your 21st birthday, and start a new job on that day. You decide to start saving for your retirement, by

You graduate from University on your 21st birthday, and start a new job on that day. You decide to start saving for your retirement, by depositing $250 each month into an account paying 9% p.a. compounded monthly. Your first deposit is one month after your 21st birthday and your last deposit is on your 65th birthday.

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