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Your employer automatically puts 15 percent of your salary into a 401(k) retirement account each year. The account earns 7% interest. Suppose you just got

Your employer automatically puts 15 percent of your salary into a 401(k) retirement account each year. The account earns 7% interest. Suppose you just got the job, your starting salary is $60000, and you expect to receive a 2.5% raise each year For simplicity, assume that interest earned and your raises are given as nominal rates and compound continuously. Find the value of your retirement account after 15 years

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