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How much will kristina expect to have in her account

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Question - Beginning on her 40th birthday, Kristina plans to start saving for her retirement. She will contribute $17,500 to a brokerage account each year on her birthday, starting today. Her 25th and final contribution will take place on her 64" birthday. Kristina currently has $60,000 in her savings account that will jump start her retirement savings. If the account has an expected annual return of 6%, how much will Kristina expect to have in her account on her 65th birthday?

Reference no: EM133118684

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