What is the value of retirement plan

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Assume that you contribute $270 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $540 per month for another 25 years. Given a 6 percent interest rate, what is the value of your retirement plan after the 40 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131966384

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