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You make $6,600 annual deposits into a retirement account that pays an APR of 11.1 percent compounded monthly. Your first deposit will be one year

You make $6,600 annual deposits into a retirement account that pays an APR of 11.1 percent compounded monthly. Your first deposit will be one year from today. How large will your account balance be in 31 years?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

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