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You plan for your retirement. You currently have $9,000 in your 401k. If you plan to save $500 per month for the next 34 years,
You plan for your retirement. You currently have $9,000 in your 401k. If you plan to save $500 per month for the next 34 years, how much will you have in your 401k at the end when you retire? Assume your 401k portfolio earns 9% return with monthly compounding.
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