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You want to do some retirement planning. You think you can deposit every January 1st $2500 in a retirement account for the next 30 years.

You want to do some retirement planning. You think you can deposit every January 1st $2500 in a retirement account for the next 30 years. Assuming you can get a 7.25% return on the investment each year what will the account be worth in 30 years? What would the account be worth if you could increase the deposit amount to $3000

please show work using two methods: calculator and excel

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