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You opened a retirement account 5 years ago with $5,000. Since then you have deposited $2,500 into the account at the end of each year

You opened a retirement account 5 years ago with $5,000. Since then you have deposited $2,500 into the account at the end of each year and you plan to continue to do so. If the account earns 7% annually, approximately how much should you have 30 years from now?

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