Retirement account value, If your first deposit will be

Retirement account value

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Reference no: EM132058228

You are to make monthly deposits of $875 into a retirement account that pays an APR of 9.5 percent compounded monthly.

If your first deposit will be made one month from now, how large will your retirement account be in 34 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Retirement account value in 34 years $

Reference no: EM132058228

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