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Your retirement account has a current balance of $50,000. You plan to add $6000 at the end of each year for the next 30 years.

Your retirement account has a current balance of $50,000. You plan to add $6000 at the end of each year for the next 30 years. How much can be accumulated in the account at the end of the 30 years? Interest rate is 9%.

a) 817,845

b) 867,845

c) 1,481,229

d) 1,554,835

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