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You have been able to save a little bit of money over the last five years, though it wasn't anything very formal. Still, you have
You have been able to save a little bit of money over the last five years, though it wasn't anything very formal. Still, you have $6456 sitting in an investment account. Now you're going to get serious and contribute to that account another $893 each month for 29 years. You believe you can earn a consistent 7.3% per year on this investment, compounding monthly.What should your balance be at the end of this investment plan (of 29 years)?
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