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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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