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Your uncle is planning to retire in 7 years. To prepare for that, for the next 7 years he will be investing $7,000 at the
Your uncle is planning to retire in 7 years. To prepare for that, for the next 7 years he will be investing $7,000 at the end of each year into a retirement account. How much will your uncle have in the account when he retires? The interest rate in the retirement account is 3% per year.
In the problem above I am working with
In the problem above I need to calculate the
In the format $ $ , $ $ $ , in the problem above my numerical answer is
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